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The following data were taken from the records of Township Corporation at December 31 of the current year: Required: 1. Prepare a complete, classified (multiple-step)

image text in transcribed The following data were taken from the records of Township Corporation at December 31 of the current year: Required: 1. Prepare a complete, classified (multiple-step) Income statement for the company (showing both gross profit and income from operatlons). 2 What is the gross profit percentage? Complete this question by entering your answers in the tabs below. Prepare a complete classified (multiple-step) income statement for the company (showing both gross profit and income from operations). Note: Round "Earnings per share" to 2 decimal places

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