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heres a screenshot of the question. please provide an income statement either hand written or typed up. thanks so much! Exercise 4-11 The following are

heres a screenshot of the question. please provide an income statement either hand written or typed up. thanks so much!

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Exercise 4-11 The following are selected ledger accounts of Skysong Corporation at December 31, 2020. Cash $259,000 Salaries and wages expense (sales) $397,600 Inventory 749,000 Salaries and wages expense (office) 484,400 Sales revenue 5,985,000 Purchase returns 21,000 Unearned sales revenue 163,800 Sales returns and allowances 110,600 Purchases 3,900,400 Freight-in 100,800 Sales discounts 47,600 Accounts receivable 199,500 Purchase discounts 37,800 Sales commissions 116,200 Selling expenses 96,600 Telephone and Internet expense (sales) 23,800 Accounting and legal services 46,200 Utilities expense (office) 44,800 Insurance expense (office) 33,600 Miscellaneous office expenses 11,200 Advertising expense 75,600 Rent revenue 336,000 Delivery expense 130,200 Casualty loss (before tax) 98,000 Depreciation expense (office equipment) 67,200 Interest expense 246,400 Depreciation expense (sales equipment) 50,400 Common stock ($10 par) 627,200 Skysong's effective tax rate on all items is 20%. A physical inventory indicates that the ending inventory is $686,000. Prepare a condensed 2020 income statement for Skysong Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48.)

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