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The following balances were taken from the books of Wildhorse Corp. on December 31, 2025. Interest revenue Cash Sales revenue Accounts receivable Prepaid insurance Sales returns and allowances Allowance for doubtful accounts Sales discounts Land Equipment Buildings Cost of goods sold $87,850 52,850 1,381,850 151,850 21,850 151,850 8,850 46,850 101,850 201,850 141,850 622,850 Assume the total effective tax rate on all items is 20%. Accumulated depreciation-equipment $41,850 Accumulated depreciation-buildings Notes receivable Selling expenses Accounts payable Bonds payable Administrative and general expenses Accrued liabilities Interest expense Notes payable Loss from earthquake damage Common stock Retained earnings 29,850 156,850 195,850 171,850 101,850 98,850 33,850 61,850 101,850 151,850 501,850 22,850 Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses)

The following balances were taken from the books of Wildhorse Corp. on December 31,2025. Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the vear, (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue ar dgains before other oppenses and losses)

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