Button Corporation Trial Balance (Selected Accounts) For the Year Ended December 31 Debit $ 19,000 Account Credit Dividends $ 1,200,000 7,900 5,800 12,000 30,000 20,000 38,000 72,000 37,000 Sales Interest Income Dividend Income Unrealized Gain on Trading Securities Gain on Disposal of Plant Assets Gain on Flood Damage Before Tax Gain on Discontinued Operations Before Tax Cost of Goods Sold Sales Salaries Expense Office Supplies Expense Advertising Expense Office Salaries Expense Systems Consulting Fees General Selling Expenses Accounting and Legal Fees Administrative Depreciation Expense General Amortization Expense General Interest Expense Loss on Asset impairment Unrealed Loss on Available for Sale Bonds 29,500 85,000 29.000 22.000 77,000 40.000 99.000 31,000 28.000 72.000 7,200 E5-3 (similar to) Button Corporation provided the following account balances as of the end of the current year. The company is subject to a 36% income tax rate Click the icon to view the trial balance.) Requirements a. Prepare a condensed, multiple-stop statement of net income for the current year ended December 31. b. Prepare a footnote containing the supporting schedules needed for the condensed statement of net income format Requirement a. Prepare a condensed, multiple-step statement of net income for the current year ended December 31 Prepare Button's condensed, multiple-step income statement. (List the subheadings in the order they are typically shown on a multiple-stop income statement Use Button Corporation Statement of Net Income For the Year Ended December 31 Less Choose from any list or enter any number in the input fields and then click Check Answer Clear All 1 part remaining Score: 0 of 1 pt 18 of 22 (14 complete) E5-3 (similar to) Button Corporation provided the following account balances as of the end of the current year. The company is subject to a 35% income tax rate (Click the icon to view the trial balance.) Requirements a. Prepare a condensed multiple step statement of net income for the current year ended December 31 b. Prepare a footnote containing the supporting schedules needed for the condensed statement of net income format For the Year Ended December 31 Less: Choose from any list or enter any number in the input fields and then click Check Answer Clear A 1 part remaining 0 O A . Button Corporation provided the following account balances as of the end of the current year. The company is subject to a E: (Click the icon to view the trial balance.) Requirements a. Prepare a condensed, multiple-step statement of net income for the current year ended December 31. b. Prepare a footnote containing the supporting schedules needed for the condensed statement of net income format, Net Income Choose from any list or enter any number in the input fields and then click Check Answer Clear All 1 pan remaining