Concord Corporation had net sales of $2,409,400 and interest revenue of $38,100 during 2020. Expenses for 2020 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 74,880 shares issued and outstanding during 2020. Prepare a single-step income statement for the year ended December 31, 2020. (Round earnings per share to 2 decimal places, e.g. 1.48.) CONCORD CORPORATION Income Statement $