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Income Statement Goldinger Corporation had account balances at the end of the current year as follows: sales revenue, $32,000; cost of goods sold, $12,000; operating

Income Statement

Goldinger Corporation had account balances at the end of the current year as follows: sales revenue, $32,000; cost of goods sold, $12,000; operating expenses, $6,000; and income tax expense, $5,600. Assume shareholders owned 4,000 shares of Goldinger's common stock during the year.

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

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

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