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Presented below is a combined single-step income and retained earnings statement for Hardrock Mining Co. for 20X1. Statement of Income and Retained Earnings for the

Presented below is a combined single-step income and retained earnings statement for Hardrock Mining Co. for 20X1. Statement of Income and Retained Earnings for the Year Ended December 31, 20x1 ($ in 000) Net sales Costs and expenses Cost of products sold Marketing, administrative, and other expenses Interest expense Other, net Total expenses before taxes Earnings before income taxes Provision for income taxes Net income Retained earnings at 1/1/20X1 Dividends on common stock Retained earnings at 12/31/20X1 $5,281,954 4,765,505 193, 147 17, 143 54,529 5,030,324 251,630 (52,842) 198,788 3,046, 660 (100,000) $3,145,448 Additional facts gleaned from notes to Hardrock's financial statements follow (dollar amounts in thousands): a. Other, net for 20X1 included a corporate restructuring charge of $8,777 and a pre-tax profit of $12,000 on discontinued operations. The remainder of the category is composed of investment losses. b. Marketing, administrative, and other expenses for 20X1 included a loss on currency translation of $55. c. All of these transactions were subject to Hardrock's income tax rate of 21%. d. Hardrock disclosed earnings per share data only in the notes to the financial statements. The company had 10,000,000 shares of common stock outstanding throughout 20X1. Required: Recast this single-step combined income statement and retained earnings statement as a multiple-step income statement. Include appropriate per share amounts. (Round your answers to 2 decimal places under "Earnings per common share:". For others, enter you answers in thousands rounded to the nearest whole dollar.)
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Presented below is a combined single-step income and retained earnings statement for Hardrock Mining Co. for 201. Additional facts gleaned from notes to Hardrock's financial statements follow (dollar amounts in thousands) a. Other, net for 201 included a corporate restructuring charge of $8.777 and a pre-tax profit of $12,000 on discontinued operations The remainder of the category is composed of investment lasses. b. Marketing, administrative, and other expenses for 201 included a loss on currency translation of $55 c. All of these transactions were subject to Hardrock's income tax rate of 21%. d. Hardrock disclosed earnings per share data only in the notes to the financial statements. The company had 10,000,000 shares of common stock outstanding throughout 201 Required: Recast this single-step combined income statement and retained earnings statement as a multiple-step income statement. Include appropriate per share amounts. (Round your answers to 2 decimal ploces under "Earnings per common shore:". For others, enter you onswers in thousends rounded to the nearest whole dollat.) Presented below is a combined single-step income and retained earnings statement for Hardrock Mining Co for 201. Additional facts gleaned from notes to Hardrock's financial statements follow (dollar amounts in thousands): a. Other, net for 201 included a corporate restructuring charge of $8,77 and a pre-tax profit of $12,000 on discontinued operations: The remainder of the category is composed of investment losses. b. Marketing, administrative, and other expenses for 201 included a loss on currency translation of $55 c. All of these transactions were subject to Hardrock's income tax rate of 2%. d Hardrock disclosed earnings per share data only in the notes to the financial statements. The company had 10,000,000 shares of common stock outstanding throughout 201 Required: Recast this single-step combined income statement and retained eamings statement as a muitiple-step income statement. Include appropriate per share amounts. (Round your onswers to 2 decimal places under "Earnings per common share:" Fot others, enter you onswers in thousonds rounded to the neorest whole dollor.)

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