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The following are selected ledger accounts of Oriole Corporation at December 3 1 , 2 0 2 5 . Oriole's effective tax rate on all

The following are selected ledger accounts of Oriole Corporation at December 31,2025.
Oriole's effective tax rate on all items is 20%. A physical inventory indicates that the ending inventory is $686,000.
Prepare a condensed 2025 income statement for Oriole Corporation. (Round earnings per share to 2 decimal places, e.g.1.48.)
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