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Splish Corporation had income from operations of $6,516,200

Accounting

Splish Corporation had income from operations of $6,516,200. In addition, it suffered an unusual and infrequent pretax loss of $773,100 from a volcano eruption, interest revenue of $15,630, and a write-down on buildings of $53,550. The corporation's tax rate is 30%. a partial income statement for Splish beginning with Income from operations. The corporation had 4,924,900 shares of common stock outstanding during 2020. (Round earnings per share to 2 decimal places, e.g. 1.48.)

 

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