Question 2 of 6 Net Income /(Loss) 1/2 E Earnings Per Share e Textbook and Media List of Accounts Attempts: 1 of 3 used (b) Prepare an income statement for the year 2020 using the single-step form. (Round earnings per share to 2 decimal places, 68. 1.48.) VAUGHN COMPANY Income Statement (In thousands, except earnings per share) Retained Earnings, January ug KUGHN COMPANY come Statement Dividends Earnings Per Share Expenses Gross Profit /(Loss) Income Before Income Tax Income From Operations Net Income /(Loss) Operating Expenses Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues except earnings per share) Question 2 of 6 VAUGHN COMPANY Income Statement (In thousands, except earnings per share) Retained Earnings, January 1 Dividends Earnings Per Share Expenses Gross Profit/ (Loss) Income Before Income Tax Income From Operations Net Income /(LOSS) Operating Expenses Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues Question 2 of 6