Intermediate Accounting

Charcoal Corporation has tentatively calculated income from primary operations before taxes as $5,500,000 for 20X5. The attached items have not been taken into consideration in this calculation for the year. REQUIRED: Using the attached forms, prepare an income statement, in proper form, for 205 for Charcoal Corporation, including earnings per share (EPS) computations, beginning with income from primary operations. Be sure to show all appropriate computations for the numbers presented. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{CHARCOALCORPORATIONINCOMESTATEMENTFORYEAR20X5} & S \\ \hline Unadjusted Income From Primary Operations & 5,500,000 \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{1}{|c|}{} \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Adjusted Income From Primary Operations & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}