Current Attempt in Progress The accountant of Concord Shoe Co. has compiled the following information from the company's records as a basis for an income statement for the year ended December 31, 2020. $30,400 19,400 32,400 116,200 19,000 Rent revenue Interest expense Market appreciation on land above cost Salaries and wages expense (selling) Supplies expense (selling) Income tax Salaries and wages expense (administrative) Other administrative expenses Cost of goods sold Net sales Depreciation on plant assets (70% selling. 30% administrative) Cash dividends declared 24,500 137,300 53,100 497,400 981,400 66.400 17,400 There were 20.000 shares of common stock outstanding during the year. Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.48.) CONCORD SHOE CO. Income Statement $ YUUUU : . . CONCORD SHOE CO. Income Statement 6 A