Concord Co. had sales revenue of $555,244 in 2025. Other items recorded during the year were as follows. Cost of goods sold Salaries and wages expense Income tax expense Increase in value of company reputation Other operating expenses Unrealized gain on value of patents $320,200 120,100 25,590 15,570 11,210 20,410 Prepare a single-step income statement for Concord for 2025. Concord has 105,600 shares of stock outstanding. (Round earnings per share to 2 decimal places, e.g. 1.48.) CONCORD CO. Income Statement

Concord C0. had sales revenue of $555,244 in 2025 . Other items recorded during the year were as follows. Prepare a single-step income statement for Concord for 2025. Concord has 105,600 shares of stock outstanding. (Round carnings per share to 2 decimal places, es. 1.48.)