Business, 20.12.2019 01:31 addidas234cs

Here is the income statement for tamarisk, inc. tamarisk, inc. income statement for the year ended december 31, 2020 sales revenue $419,200 cost of goods sold 251,500 gross profit 167,700 expenses (including $14,200 interest and $28,000 income taxes) 73,500 net income $ 94,200 additional information: 1. common stock outstanding january 1, 2020, was 24,400 shares, and 39,100 shares were outstanding at december 31, 2020. 2. the market price of tamarisk stock was $12 in 2020. 3. cash dividends of $22,800 were paid, $5,300 of which were to preferred stockholders.

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