Current Attempt in Progress The following balances were taken from the books of Blue Corp. on December 31, 2025. Interest revenue $88,050 Accumulated depreciation-equipment $42,050 Cash 53,050 Accumulated depreciation-buildings 30,050 Sales revenue 1,382,050 Notes receivable 157,050 Accounts receivable 152,050 Selling expenses 196,050 Prepaid insurance 22,050 Accounts payable 172,050 Sales returns and allowances 152,050 Bonds payable 102,050 Allowance for doubtful accounts 9,050 Administrative and general expenses 99,050 Sales discounts 47,050 Accrued liabilities 34,050 Land 102,050 Interest expense 62,050 Equipment 202,050 Notes payable 102,050 Buildings 142,050 Loss from earthquake damage 152,050 Cost of goods sold 623,050 Common stock 502,050 Retained earnings 23,050 Assume the total effective tax rate on all items is 20%. Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement: 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses) BLUE CORP. Income Statement Dividends Earnings per Common Share Expenses Gross Profit Income before Income Tax Income from Operations Net Income/(Loss) Net Sales Operating Expenses Other Expenses and Losses Other Revenues and Gains Retained Earnings, January 1 Retained Earnings, December 31 Revenue Total Expenses Per share of common stock