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Inc. income from continuing operations before taxes during 2020 of $802,200. Additional transactions occurring in 2020 but not considered in the $802,200 are as follows.
Question 1: do a income statement for the year 2020 starting with income from continuing operations before taxes. Compute earnings per share as it should be shown on the face of the income statement. Common shares outstanding for the year are 128,110 shares. Assume a tax rate of 30% on all items, unless indicated otherwise.)
Skysong INC.
Income from continuing operations before income tax
earning per share
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