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method used in the financial stateicot Corporate Income Statement E4. Assume that the Cetnar Corporation's chief financial officer gave you the follow- ing information: net
method used in the financial stateicot Corporate Income Statement E4. Assume that the Cetnar Corporation's chief financial officer gave you the follow- ing information: net sala, $1,900.000: cost of goods sold, $1,050,000: extraordinary gain (net of income taxes of $3,500). $12.500: loss from discontinued operations inet of income tax benefit of $30,000), $50.000, less on disposal of discontinued opera- tions (net of income tax benefit of $13.000). $35.000; selling expenses, $50.000; administrative expenses. $40,000: income taxes apense on continuing operations, $300,000. From this information, prepare the company's income statement for the year ended June 30, 2011. dgnoru camnings per share information.)
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