PLEASE USE LIST OF ACCOUNTS

The following balances were taken from the books of Marigold Corp. on December 31, 2020. Interest revenue $87,150 Accumulated depreciation-equipment $41,150 Cash 52,150 Accumulated depreciation-buildings 29,150 Sales revenue 1,381,150 Notes receivable 156,150 Accounts receivable 151,150 Selling expenses 195,150 Prepaid insurance 21,150 Accounts payable 171,150 Sales returns and allowances 151,150 Bonds payable 101,150 Allowance for doubtful accounts 8.150 Administrative and general expenses 98,150 Sales discounts 46,150 Accrued liabilities 33,150 Land 101,150 Interest expense 61,150 Equipment 201,150 Notes payable 101,150 Buildings 141.150 Loss from earthquake damage 151,150 Cost of goods sold 622,150 Common stock 501,150 Retained earnings 22,150 Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, e.g. 1.48.) MARIGOLD CORP. Income Statement $ $ Per share of common stock: $ List of Accounts Assistance Used Accumulated Depreciation-Equipment Administrative Expenses Bad Debt Expense Casualty loss Cost of Goods Sold Delivery Expense Depreciation Expense Entertainment Expense Equipment Gain on Sale of Plant Income Tax Expense Interest Expense Interest Revenue Loss from Earthquake Damage Maintenance and Repairs Expense Miscellaneous Selling Expenses Mortgage Payable Net Sales Office Expense Other Administrative Expenses Property Tax Expense Rent Revenue Salaries and Wages Expense Salaries and Wages Payable Sales Commission Sales Discounts Sales Returns and Allowances Sales Revenue Selling Expenses Telephone and Internet Expense Travel Expense