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Chapter 3 Homework Question 2 of 9 < > 0.56/1 E Wildhorse Corporation had net sales of $2.427.100 and interest revenue of $31,500 during
Chapter 3 Homework Question 2 of 9 < > 0.56/1 E Wildhorse Corporation had net sales of $2.427.100 and interest revenue of $31,500 during 2025. Expenses for 2025 were cost of goods sold $1,467,100, administrative expenses $216,600, selling expenses $290,200, and interest expense $50,200. Wildhorse's tax rate is 30%. The corporation had 107,600 shares of common stock authorized and 60,830 shares issued and outstanding during 2025. Prepare a single-step income statement for the year ended December 31, 2025, (Round earnings per share to 2 decimal places, eg. 1.48) WILDHORSE CORPORATION Income Statement For the Year Ended December 31, 2025 Revenues Interest Revenue total revenues Total Dividends Cost of Goods Sold Administrate Extenses 1467,100 216600 Q NO i=m 2 3 SO . E m. 74 A Z S X D C T H command 468 4 31.500 2458400 L 5 6 7 B 9 R T Y D A C LL F G H V K B N M
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