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Will Upvote, All steps are apart of only 1 question. Problen 4-65 Following are accounts and balances, in random order, from the adjusted trial balance

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Problen 4-65 Following are accounts and balances, in random order, from the adjusted trial balance of Deck Corp. at DecemPreparing an income Statement, Balance Stoet. ber 31. Debits equal credits, all amounts are correct, all accounts have normal balances, and a perpetual FIFO and a Subsequent Event inventory system is used. Note Disdocure LO2, 3 Required a. Prepare a single-step income statement including the earnings per share disclosure. b. Prepare a classified balance sheet. c. Assume that between December 31 and issuance of the financial statements, a flood damaged the finished goods inventory in an amount estimated to be $20,000. This event has not been (and should not have been) recognized in the current year statements. However, disclosure in the current year's statements is required. Prepare the necessary diselosure

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