Current Attempt in Progress The financial records of Bonita inc, were destroyed by fire at the end of 2025 . Fortunately, the controller had kept certain statistical data related to the income statement as follows. 1. The beginning merchandise inventory was $117.760 and decreased 20% during the current year. 2. Sales discounts amount to $18,020. 3. 27,638 shares of common stock were outstanding for the entire year. 4. Interest expense was $25,600 5. The income tax rate is 30%. 6. Cost of goods sold amounts to $640,000. 7. Administrative expenses are 20% of cost of foods sold but only 8% of gross sales. 8. Four-fitths of the operating expenses relate to sales activities From the foregoing information prepare an income statement for the year 2025 in single-step form. (Round earnings per share to 2 decimal places, e.s. 1.48.)