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This is the only information I have. 2 The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included
This is the only information I have.
2 The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included the following accounts Credits 3.480,000 5 points Account Title Sales revenue Cost of goods sold Selling and administrative expense Interest expense Gain on debt securities 1.450,000 422,00 45.00 spord 85.000 eBook The gain on debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes Lindor's income tax rate is 25% There were 1600.000 shares of common stock outstanding throughout 2021 Required: Prepare a single continuous multiple step statement of comprehensive income for 2021, including appropriate EPS disclosures (Round EPS answer to 2 decimal places.) Hint Di LINDOR CORPORATION Staf Comprehensive Income For the Year Ended December 1.2001 Gross promet Operating expenses Operating income Other income (opene income before income Net Income Other comprehensive income net ofta) Comprehensive income Earnings per share Exercise 4-4 (Algo) Multiple-step continuous statement of comprehen The trial balance for Lindor Corporation, a manufacturing company, for the year ended De accounts: Debits Credits 2,480,000 Account Title Sales revenue Cost of goods sold Selling and administrative expense Interest expense Gain on debt securities 1,480,000 422,000 48,000 88,000 The gain on debt securities is unrealized and classified as other comprehensive income. Th for income taxes. Lindor's income tax rate is 25%. There were 1.600,000 shares of commor Required: Prepare a single, continuous multiple-step statement of comprehensive income for 2021, ing (Round EPS answer to 2 decimal places.) LINDOR CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2021 0 Gross profit Operating expenses 0 Operating income Other income (expense) Income before income taxes 0 Net income Other comprehensive income (net of tax) 1000 0 Comprehensive income Earnings per share Exercise 4-4 (Algo) Multiple-step continuous statement of comprehensive income [LO4-1, 4-5, 4-6] The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included the following accounts: Debits Credits 2,480,000 Account Title Sales revenue Cost of goods sold Selling and administrative expense Interest expense Gain on debt securities 1,480,000 422,000 48,000 88,000 The gain on debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes. Lindor's income tax rate is 25%. There were 1,600.000 shares of common stock outstanding throughout 2021. Required: Prepare a single, continuous multiple step statement of comprehensive income for 2021. Including appropriate EPS disclosures (Round EPS answer to 2 decimal places.) LINDOR CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2021 Gross profil Operating expenses Operating income Other income expense) Income before income taxes 0 Not income Other comprehensive income (net ofta) $ 0 Comprehensive income Eamings per share Step by Step Solution
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