39.500 outstanding shares

Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a single-step format. The discussion involves the following 2025 information related to Swifty Company (\$000 omitted). Revenues $60638 Administrative Expenses 8996 Expenses Delivery Expense 2758 Sales Commission 8048 Accumulated Depreciation-Equipment 6548 Interest Revenue Sales commissions 8,048 Depreciation of sales equipment 6,548 Sales revenue 96,568 Income tax 9,138 Interest expense 1,928 Accumulated Depreciation-Equipment \begin{tabular}{|l|} \hline 6548 \\ \hline \end{tabular} Interest Expense \begin{tabular}{|l|l|} \hline & 1928 \\ \hline \end{tabular} Total Expenses Earnings per Share eTextbook and Media Assistance Used