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Income Statement Quiz-All numbers are pretax and some accounts may not be nee Unearned subscription Revenue... $1,500,000 85,000 900,000 Realized Loss from Earthquake in Glassboro,

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Income Statement Quiz-All numbers are pretax and some accounts may not be nee Unearned subscription Revenue... $1,500,000 85,000 900,000 Realized Loss from Earthquake in Glassboro, NJ (infrequent and unusual).. 200,000 100, Discontinued operations-Loss on operations and disposal of assets (pretax) 200,000 50,000 150,000 Allowance for Doubtful Accounts 20 ash Dividends Declared and Paid on Common Stock........................ h Dividends Declared and Not Paid on Preferred Stock Selling and Administration Expenses.. Unrealized Gain on Sale of Available for Sale Securities 00,000 50,00 0,00 Other Information: Assume a 30% tax rate. The weighted number shares of commonseck out the end of the year is 100,000 shares. Please show work if possible Shc Al Income fronOpertons . s Non-operational (Correct answer may not agree with number ofines) 2( AX b. Beuliz loss d. Total Other Revenues/Gains/Losses Income before Tax Assume Income from Continuing Operations is [399 .. 800,000 Net Income... Only compute EPS for Net Income EPS. FOR THE NEXT FOUR QUESTIONS, ASSUME

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