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Use the following information to complete the income statement for Company A for the year ending December 31, 201X (show work): Income Statement Information Revenue

Use the following information to complete the income statement for Company A for the year ending December 31, 201X (show work):

Income Statement Information

Revenue$125,000,000

Gross Margin: 54.0%

Selling General and Administrative (SG&A):23.0% of revenue

Research and Development (R&D)15.0% of revenue

Depreciation expense (D&A):$5,000,000

Interest Expense: $5,000,000

Interest Income:$2,500,000

Tax Rate:21%

Securities Information

Weighted Average Shares (12/31/1X)10,000,000

A Warrants exercisable @ $2.002,500,000

B Warrants exercisable @ $3.002,500,000

Stock Price (12/31/1X)$5.00

Complete the following Income Statement

Revenue$125,000,000

Cost of Goods Sold:

Gross Profit:

Operating Expenses

SG&A

R&D

D&A

Operating Expenses Total

Operating Income

Interest Expense, net

Pre Tax Income

Tax

Net Income

EPS Basic

EPS Diluted

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