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The following are selected ledger accounts of Skysong Corporation at December 31,2025 . Skysong's effective tax rate on all items is 20%. A physical inventory

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The following are selected ledger accounts of Skysong Corporation at December 31,2025 . Skysong'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 Skysong Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48

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