Presented below are selected ledger accounts of Blossom Corporation as of December $31,2025.$

Effective tax rate $20\%$

$($a$)$

Your answer is correct.

Compute net income for $2025.$

Net income

eTextbook and Media

$($b$)$

Your aniswer is partially correct.

Prepare a partial income statement beginning with income from continuing operations before income tax, and include

appropriate carnings per share information. Assume $10,000$ shares of common stack were outstanding during $2025.($Paund

cariling per shore to $2$ decimal piacts, ee$,1\mathrm{.}58$

RA OSSOM CORPORATION

Incame Statement

For the Year Ended December $31,2025$