Income Statement

Goldfinger Corporation had account balances at the end of the current year as follows: sales revenue, $29,000; cost of goods sold, $12,000; operating expenses, $6,200; and income tax expense, $4,320. Assume shareholders owned 4,000 shares of Goldfinger's common stock during the year.

Prepare Goldfinger's income statement for the current year. Round earnings per share to the nearest cent.

GOLDFINGER CORPORATION Income Statement For the Year Ended December 31, Current Year Operating expenses