Question 3 of 6 > -/2 View Policies Current Attempt in Progress The following balances were taken from the books of Metlock Corp. on December 31, 2020, Interest revenue Cash Sales revenue Accounts recevable Prepaid Insurance Sales returns and allowances Allowance for doubtful accounts Sales discounts Land Equipment Buildings Cost of goods sold $87.450 52450 1,381,450 151.450 21.450 151.450 8.450 46.450 101.450 201.450 141.450 622.450 Accumulated depreciation equipment Accumulated depreciation-buildings Notes receivable Selling expenses Accounts payable Bonds payable Administrative and general expenses Accrued liabilities Interest expense Notes payable Loss from earthquake damage Common stock Retained earnings $41.450 29,450 156,450 195,450 171.450 101.450 98,450 33,450 61.450 101.450 151.450 501.450 22.450 Assume the total effective tax rate on all items is 20% Prepare a multiple-step income statement: 100,000 shares of common stock were outstanding during the year. (Round earnings per Share to 2 decimal places, eg. 1.48.) METLOCK CORP. Income Statement Question 3 of 6 -/2 Share to zdecima procese. 1.4. METLOCK CORP. Income Statement Per share of common stock e Textbook and Media