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Interest revenue Cash Sales revenue Accounts receivable Prepaid insurance Sales returns and allowances Allowance for doubtful accounts Sales discounts Land Equipment Buildings Cost of goods

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Interest revenue Cash Sales revenue Accounts receivable Prepaid insurance Sales returns and allowances Allowance for doubtful accounts Sales discounts Land Equipment Buildings Cost of goods sold $87,150 52,150 1,381,150 151,150 21,150 151,150 8,150 46,150 101,150 201,150 141,150 622,150 Accumulated depreciation-equipment Accumulated depreciation---buildings Notes receivable Selling expenses Accounts payable Bonds payable Administrative and general expenses Accrued liabilities Interest expense Notes payable Loss from earthquake damage Common stock Retained earnings $41,150 29,150 156,150 195,150 171,150 101,150 98,10 33,154 61,150 101,150 151,150 501,150 22,150 Assume the total effective tax rate on all items is 34%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal place Encome scacement MacBook

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