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can someone help me on the last part of part a pleaes thank you The following information was taken from the records of Waterway Inc
can someone help me on the last part of part a pleaes thank you
The following information was taken from the records of Waterway Inc for the year 2025: Income tax applicable to income from continuing operations $216,920, income tax applicable to loss on discontinued operations $29,580, and unrealized holding gain on avaliable-for-sale debt securities (net of tax) $17,400. Shares outstanding during 2025 were 100,000 . Prepare a single-step income statement (with respect to items in Income from operations). (Round earnings per share to 2 decimal ploces, es. 1.48. Enter other revenue and goins before other expenses and losses) Cost of Goods Sold $986,000 Selling Expenses $348,000 Administrative Expenses: Total Expenses $278,400 Incomefrom Operations $638,000 Other Reveoues and Gains Gainon Sale of Equipment $110,200 Other Expenses and Losses immintorytoss Income betars income Tian (51.612,400) Inventory Loss Income before Incorne Tax Income Tax Income from Continuing Operations Discontinued Operations Loss on Discontinued Operations Net income / (Loss) ($69,600) $461,680 Loss on Discontinued Operations Net Income/(Loss) $ $ Step by Step Solution
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