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The trial balance of Planc Company included the following accounts as of December 31, 2024: Debits Credits Sales rewvenue % 745,088 Interest revenue 63,008 Gain
The trial balance of Planc Company included the following accounts as of December 31, 2024: Debits Credits Sales rewvenue % 745,088 Interest revenue 63,008 Gain on sale of investments 113,088 Cost of goods sold % 539,000 Selling expense 147,620 Interest expense 33,880 General and administrative expenses 106,88 Plano had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%. Required: Prepare a single-step income statement with earnings per share disclosure. Note: Round earnings per share answer to 2 decimal places. Revenues and gains: S eee | s v 745,000 Total expenses Income before income taxes Earnings per share
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