The following are selected ledger accounts of Blue Corporation at December 31, 2025. Blue's effective...
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The following are selected ledger accounts of Blue Corporation at December 31, 2025. Blue's effective tax rate on all iterns is 20%. A physical imventory indicates that the ending inventory is $686,000. Applicable Income Tax Dividends Earnings per Share Expenses Gross Profit Income before Income Tax Income from Operations Net Income / (Loss) Net Sales Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues BLUE CORPORATION Income Statement For the Year Ended December 31, 2025 Net Sales $ Cost of Goods Sold Gross Profit Selling Expenses $ Administrative Expenses Income from Operations Rent Revenue. Interest Expense Interest Expense Casuattyloss Income before Income Tax Income Tax s s
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