You are a summer intern at the office of a local tax preparer. To test your basic knowledge of financial statamants, your manager gives you the folowing list of acoounts a simple income statement using those accounts. and asks you to prepart a. Arrange the accounts into a well-labeled income stalement, Make sure you label and solve for gross profits, operating profits, and net profits belore taxes. b. Using a 21% tax rate, calculate trxes paid and net peotis afor taxes. c. Assuming a dividend of $1.11 per share with 4.33 milion shares cutstanding, calculate EPS and additions to retained earnings. You are a summer intern at the office of a local tax preparer. To test your basic knowledge of financial statamants, your manager gives you the folowing list of acoounts a simple income statement using those accounts. and asks you to prepart a. Arrange the accounts into a well-labeled income stalement, Make sure you label and solve for gross profits, operating profits, and net profits belore taxes. b. Using a 21% tax rate, calculate trxes paid and net peotis afor taxes. c. Assuming a dividend of $1.11 per share with 4.33 milion shares cutstanding, calculate EPS and additions to retained earnings