1. Microsoft Corporation
   • Requirement 1: Calculate the Earnings per Share (EPS) for Microsoft Corporation using the following data:
     • Net Income: $40,000,000
     • Preferred Dividends: $5,000,000
     • Common Shares Outstanding: 10,000,000
2. Requirement 2: Prepare a schedule of cost of goods manufactured for Microsoft Corporation based on the following information:
   • Direct Materials Used: $15,000,000
   • Direct Labor: $10,000,000
   • Manufacturing Overhead: $5,000,000
   • Beginning Work in Process Inventory: $2,000,000
   • Ending Work in Process Inventory: $3,000,000

• Requirement 3: Prepare a vertical analysis of the income statement for Microsoft Corporation for the year ended December 31, 2023, highlighting percentages of sales for each line item.