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(The following information applies to the questions displu delow.) Jordan Sales Company (organized as a corporation on April 1, 2017) has completed the accounting cycle

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(The following information applies to the questions displu delow.) Jordan Sales Company (organized as a corporation on April 1, 2017) has completed the accounting cycle for the second year, ended March 31, 2019. Jordan also has completed a correct trial balance as follows: JORDAN SALES COMPANY Trial Balance At March 31, 2019 Account Titles Cash Accounts receivable Office supplies inventory Automobiles (company cars) Accumulated depreciation, automobiles office equipment Accumulated depreciation, office equipment Accounts payable Income taxes payable Salaries and commissions payable Note payable, long-term Capital stock (par $1; 32,000 shares) Paid-in capital Retained earnings (on April 1, 2018) Dividends declared and paid during the current year Sales revenue Cost of goods sold Operating expenses (detail omitted to conserve time) Depreciation expense (on autos and including $600 on office equipment) Interest expense Income tax expense (not yet computed) Totals Debit Credit $ 58, 600 49,400 1,100 34,500 $ 13,300 3,100 1,000 21,800 0 1,400 32,200 32,000 4,500 6,900 11,000 104, 300 33,000 18,300 7,500 900 $217,400 $217,400 Required: Complete the financial statements as follows: a. Classified (multiple-step) income statement for the reporting year ended March 31, 2019. Include income tax expense, assuming a 25 percent tax rate. (Round your "Earnings per share" to 2 decimal places.) JORDAN SALES COMPANY Income Statement Operating expenses Total operating expenses ! Required information JORDAN SALES COMPANY Income Statement Operating expenses: Total operating expenses Earnings per share

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