4th May 2012 MIDDLE EAST TECHNICAL UNIVERSITY BUS 142 Financial Accounting Mid-Term 2 (Additional Assignment) GOOD LUCK. Name amp; Surname: Student...

FocusMore Inc. had the following alphabetical list of accounts taken from its adjusted trial balance at December 31, 2010.$15,000Accounts Receivable 18000Accumulated Depreciation Building 26,200Advertising Expense 12800100,000Capital Stock ($1 par) 60,00015,00056,5002,0001,9002,50025,00030,0004,60058,00048,0004,600158,0008,0001,2002,000700Required:Prepare a multiple step income statement for 2010. (Include gross profit, income form operations, Net income and EPS. Tax rate is 35%)