Based on the information in the table below, prepare an income statement for Windswept Woodworks, Inc. for year 2-Assume that the company pays a flat tax rate of 34% on its taxable income. (Round each entry to 2 decimal places.) Windswept Woodworks, Inc. Input Data millions of dollars) Accumulated depreciation Cost of goods sold Depreciation expense Common stock dividends paid Addition to retained earnings Gross plant & equipment 10,260 Market price per share – year end Number of shares outstanding 500 million sold Earnings before interest and taxes

Based on the information in the table below, prepare an income statement for Windswept Woodworks, Inc. for year 2-Assume that the company pays a flat tax rate of 34% on its taxable income. (Round each entry to 2 decimal places.) Windswept Woodworks, Inc. Input Data millions of dollars) Accumulated depreciation Cost of goods sold Depreciation expense Common stock dividends paid Addition to retained earnings Gross plant & equipment 10,260 Market price per share – year end Number of shares outstanding

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