Current Attempt in Progress Kingbird Co. had sales revenue of $553,387 in 2025. Other items recorded...

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Current Attempt in Progress Kingbird Co. had sales revenue of $553,387 in 2025. Other items recorded during the year were as follows. Cost of goods sold Salaries and wages expense $329,000 125,600 Income tax expense 26,440 Increase in value of company reputation 15,120 Other operating expenses 10,220 Unrealized gain on value of patents 22,850 Prepare a single-step income statement for Kingbird for 2025. Kingbird has 105,300 shares of stock outstanding. (Round earnings per share to 2 decimal places, eg. 1.48) KINGBIRD CO. Income Statement For the Ended December 31. Quarter 2025 Current Attempt in Progress Kingbird Co. had sales revenue of $553,387 in 2025. Other items recorded during the year were as follows. Cost of goods sold Salaries and wages expense $329,000 125,600 Income tax expense 26,440 Increase in value of company reputation 15,120 Other operating expenses 10,220 Unrealized gain on value of patents 22,850 Prepare a single-step income statement for Kingbird for 2025. Kingbird has 105,300 shares of stock outstanding. (Round earnings per share to 2 decimal places, eg. 1.48) KINGBIRD CO. Income Statement For the Ended December 31. Quarter 2025