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Please help me do part B Presented below are selected ledger accounts of...

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Accounting

Please help me do part B
Presented below are selected ledger accounts of Sheridan Corporation as of December 31,2025.
Effective tax rate 20%
(a)
Your answer is correct.
Compute net income for 2025.
Net income $
eTextbook and Media
Attempts: 3 of 5 used
(b)
Prepare a partial income statement beginning with income from continuing operations before income tax, and include
appropriate earnings per share information. Assume 10,000 shares of common stock were outstanding during 2025.(Round
earnings per share to 2 decimal places, e.g.1.58.)
SHERIDAN CORPORATION
Income Statement
image

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