BE14.7 (LO 3) Financial Statement The following information is available for Reinsch Corpora- tion for the year ended December 31, 2020: cost of goods sold $205,000, sales revenue $350,000, other revenues and gains $50,000, and operating expenses $75,000. Assuming a corporate tax rate of 30%, prepare an income statement for the company. BE14.8 (LO 3) Ziegler Corporation reports net income of $380,000 and a weighted-average of 200,000 shares of common stock outstanding for the year. Compute the earnings per share of common stock. BE14.9 (LO 3) Income and common stock data for Ziegler Corporation are presented in BE14.8. Assume also that Ziegler has cumulative preferred stock dividends for the current year of $30,000 that were de- clared and paid. Compute the earnings per share of common stock. Prepare a corporate income statement. Compute earnings per share. Compute earnings per share with cumulative preferred stock