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your are a summer intern at the office of a local tax preparer prepare a simple income statement using hose accounb a Armrange the accounts

your are a summer intern at the office of a local tax preparer
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prepare a simple income statement using hose accounb a Armrange the accounts into a well-labeled income statement Make sure you label and solve for gross profits, operating profts, and net prois belore taxes e. Assuming a dividend of $1.02 per share with 4.16 million shares outstanding, caloulate EPS and addtions to retained eamings. a Complete the income statement, down to the net profts before taxes line, below (Select the account names from the drop-down menus and round the amounts to bwo decimal places Name of Company Income Statement (5000,003 Data Table 345 08 , Sales 2. Les: Cost of goods sols (Clox on the loon lacated on the top-iight comer of the data table below in order to oopy its contents into a spreadsheet Gross profs Less: Operating expenses 000,000) 24.64 2145 345.08 17.38 224.90 443 General and administraive expenses Sales expenses Cost of goods sold Lease expee 6 Lease expense Total opersting experse Operating profts (EBIT) 7. Less Inberestexene Net profits before taxes 52.2 2.66 Print Done Name of Company

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