Concord Corporation had net sales of $2,409,400 and interest revenue of $38,100 during 2025. Expenses for 2025 were cost of goods sold $1,463,800, administrative expenses $222,000, selling expenses $286,700, and interest expense $48,900. Concord's tax rate is 30%. The corporation had 104,900 shares of common stock authorized and 59.654 shares issued and outstanding during 2025. Prepare a single-step income statement for the year ended December 31, 2025. (Round earnings per share to 2 decimal places, eg. 1.48.) CONCORD CORPORATION Income Statement For the Year Ended December 31, 2025 Revenues Net Sales) Interest Revenue Total Revenues Expenses Cost of Goods Sold 1463800 Administrative Expenses 222000 2409400 38100 2447500 Expenses Cost of Goods Sold 1463800 i Administrative Expenses 222000 i Selling Expenses 286700 i Interest Expense Income Tax Expense 48900 i Total Expenses Net Income/(Loss) Earnings per Share 426100 2755650 (308150)