Current Attempt in Progress The following balances were taken from the books of Watenway Corp. on December 31,2025 . 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. List other revenues and gains before other expenses and losses.) WATERWAY CORP. Income Statement $ 5