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The following information was taken from the records of Tamarisk Inc. for the year 2 0 2 5 : Income tax applicable to income from
The following information was taken from the records of Tamarisk Inc. for the year : Income tax applicable to income from
continuing operations $ income tax applicable to loss on discontinued operations $ and unrealized holding gain on
availableforsale debt securities net of tax $ Prepare a singlestep income statement with respect to items in Income from operationsRound earnings per share to decimal
places, eg Enter other revenue and gains before other expenses and losses TAMARISK INC.
Income Statement
For the Year Ended December
Sales Revenue
Rent Revenue
Total Revenues
Expenses
Cost of Goods Sold
Administratlve Expenses
Selling Expenses
Total Expenses
Income from Continuling Operations
Income before Income Tax
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