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Marigold Corporation had income from operations of $6,331,000. In addition, it suffered an unusual and...

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Accounting

Marigold Corporation had income from operations of $6,331,000. In addition, it suffered an unusual and infrequent pretax loss of $787,500 from a volcano eruption, interest revenue of $16,900, and a write-down on buildings of $53,520. The corporations tax rate is 30%. Prepare a partial income statement for Marigold beginning with Income from operations. The corporation had 4,953,800 shares of common stock outstanding during 2020. (Round earnings per share to 2 decimal places, e.g. 1.48.)

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