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Problem 2.6, 2.8, 2.21, 3.22, 3.23, 3.24, 4.24, 4.28, 5.11


2.6 Given the following information prepare in good form an income statement for the Dental Drilling Company

Selling and administrative expense   $60,000
Depreciation expense   70,000
Sales   470,000
Interest expense   40,000
Cost of goods sold   140,000
Taxes   45,00


2.8. Prepare in good form an income statement for ATM Cards, Inc. Take your calculations all the way to computing earnings per share.

Sales   $800,000
Shares outstanding   100,000
Cost of goods sold   300,000
Interest expense   20,000
Selling and administrative expense   40,000
Depreciation expense   30,000
Preferred stock dividends   80,000
Taxes   110,000

see attachment


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