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Prepare an income statement for Franklin Kite Co. Take your calculations all the way to computing eamings per share. (Round EPS answer to the nearest

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Prepare an income statement for Franklin Kite Co. Take your calculations all the way to computing eamings per share. (Round EPS answer to the nearest whole dollas amount.) Sales Shares outstanding Cost of goods sold Interest expense Seling and administrative expense Depreciation expense Preferred stock dividends. Taxes $ 900,000 50,000 400,000 40,000 60,000 20,000 80,000 50,000 Franklin Kite Company Income Statement 0 Eamings available to common stockholders Shares outstanding Eamings per share Workn Car rment

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