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The following information is available for Wildhorse Corporation for the year ended December 31, 2022: sales revenue $830,000, other revenues and gains $92,500, operating

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The following information is available for Wildhorse Corporation for the year ended December 31, 2022: sales revenue $830,000, other revenues and gains $92,500, operating expenses $117,000, cost of goods sold $463,000, other expenses and losses $34,500, and preferred stock dividends $33,350. The company's tax rate was 20%, and it had 67,000 common shares outstanding during the entire year.

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