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Pr. 2) Use this information to answer the following ques to answer the following questions: Debits Credits Plano Co. 12/31/2018 Partial Trial Balance Data 700,000

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Pr. 2) Use this information to answer the following ques to answer the following questions: Debits Credits Plano Co. 12/31/2018 Partial Trial Balance Data 700,000 60,000 110,000 Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses Interest expense General and administrative expenses 500,000 150,000 30,000 100,000 Plano had 50,000 shares of stock outstanding throughout the year. Income tax cap yet been accrued. The effective tax rate is 30%. ghout the year. Income tax expense has not Required: Prepare a single-step income statement with earnings per share disclosure

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