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9. Power Corporation's accounting records include the following items, listed in (Click the icon particular order, December 31, 2018: view the data.) The income tax
9. Power Corporation's accounting records include the following items, listed in (Click the icon particular order, December 31, 2018: view the data.) The income tax rate for Power Corporation is 39%. Prepare Power's income statement for the year ended December 31, 2018. Omit earnings per share. Use a multi-step format Prepare the income statement through the income before taxes, then complete the income statement through the net income. (Use parentheses or a minus sign to enter other expenses.) Power Corporation Income Statement Year Ended December 31, 2018 Data Table Other Income and (Expenses) 27,000 (6,400) Cost of Goods Sold Net Sales Revenue 74.000 Operating Expenses 24,000 Gain on Discontinued Operations 3.800 Income Before Income Taxes Print Done Net Income
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