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Inc. has the following information for 2 0 2 2 and 2 0 2 3 : Revenues ( in thousands ) 2 0 2 2

Inc. has the following information for 2022 and 2023:
Revenues (in thousands)2022= $40,0002023= $46,000
COGS (in thousands)2022=32,0002023=36,200
Selling and Administrative expenses other than interest (in thousands)2022=4,2002023=5,100
Loss on discounted operation net of tax (in thousands)2023=700
Tax rate 2022=25%2023=20%
In both 2022 and 2023 Chloe incurred 9.5% interest expense on $2,000,000 of debt which had been issued at par in 2018.
As of 1/1/22 there were 3,000,000 shares of common stock outstanding.
There were also 20,000 shares of $100 par value,7%, cumulative preferred stock outstanding at 1/1/22.
There are no preferred dividends in arrears and there are no potentially dilutive securities.
On 5/1/22 Chloe sold an additional 500,000 shares of common stock at $32 per share.
On 8/1/22 Chloe issued a 25% stock dividend.
On 10/1/23 Chloe sold another 900,000 shares of common stock at $33 per share.
Prepare, in good form, comparative income statements for 2022 and 2023(i.e., the two-year
Comparative income statements for the years ended 12/31/23) for Chloe, Inc. with appropriate EPS information rounded to the nearest tenth of a cent.

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