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Reporting an Income Statement with Earnings per Share M4-8 LO4-2 Catena's Marketing Company has the following adjusted trial balance at the end of the current

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Reporting an Income Statement with Earnings per Share M4-8 LO4-2 Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $600 were declared at the end of the year, and 500 additional shares of common stock ($0 par value per share) were issued at the end of the year for $3,000 in cash (for a total at the end of the year of 800 shares). These effects are included below: CATENA'S MARKETING COMPANY109 005 & bofoolloo & Adjusted Trial Balance TingH henson of ballbars End of the Current Year 600/28 biz Songgent bigger Debit Credit 1,500 Vivid dosh Compan Cash Accounts receivable 2,200 Interest receivable 100 Prepaid insurance 1,600 Is adi now Long-term notes receivable 2,800 Ared den Equipment 15,290 Accumulated depreciation 3,000 Accounts payable 2,400 Dividends payable 600 Accrued expenses payable 3,920 Income taxes payable 2,700 yesp Unearned rent revenue 500 90 Common stock (800 shares) 80 Additional paid-in capital 3,620 Retained earnings 1,400 Matching Definit Sales revenue (atmuopoA bautooA) lesh 38,500 Interest revenue 100 Rent revenue 800 Wages expense 19,500 ni ezsoonq sHT Depreciation expense Arevenue 1,800 Utilities expense Real nola 380 Insurance expense 750 Das Is gonna ned Rent expense 9,000 melge& no d Income tax expense 2,700 ni Jestofni Total 57,620 57,620 gaw bowO sqmoo odT IM Prepare a multistep income statement in good form for the current year. Include the operating income subtotal and earnings per share (rounded to two decimal places)

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