prepare a partial income statement wirh income from continous operations before income tax, amd including appropriate earinings per share information. assume 10,000 shares of common stock were outstandinf during 2020

Presented below are selected ledger accounts of Bramble Corporation as of December 31, 2020. Cash Administrative expenses Selling expenses Net sales Cost of goods sold Cash dividends declared (2020) Cash dividends paid (2020) Discontinued operations (loss before income taxes) Depreciation expense. not recorded in 2019 Retained earnings, December 31, 2019 Effective tax rate 20% $53,000 106,000 84,800 572,400 222,600 21,200 15,900 42,400 31,800 95.400 Your answer is correct Compute net income for 2020. Net income $ 93280 e Textbook and Media BRAMBLE CORPORATION Income Statement For the Year Ended December 31, 2017 Income From Continuing Operations Before Income Tax $ Income Tax Income From Continuing Operations Discontinued Operations, Net of Tax Net Income/(Loss) $ 93280 Earnings Per Share Income From Continuing Operations Loss on Discontinued Operations Net of Tax Net Income (Loss)