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Tamarisk Corporation had income from operations of $6,259,000. In addition, it suffered an unusual and infrequent pretax loss of $770,300 from a volcano eruption, interest
Tamarisk Corporation had income from operations of $6,259,000. In addition, it suffered an unusual and infrequent pretax loss of $770,300 from a volcano eruption, interest revenue of $17,170, and a write-down on buildings of $48,640. The corporation's tax rate is 30%. Prepare a partial income statement for Tamarisk beginning with Income from operations. The corporation had 4,936,900 shares of common stock outstanding during 2025. (Round earnings per share to 2 decimal places, e.g. 1.48.)
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