Current Attempt in Progress The income statement for the Flounder Discount Retail Company for the year ended December 31, 2025 appears below. -Includes $26,500 of interest experte and $23,800 of income tax expense. Additionat information 1. Common stock outstanding on Jankiary 1,2025, was 50,000 shares, On July 1,2025 10,000 more shares were issued. 2 The market price of the compsm/s stock was $22 at the end of 2025 . 3. Cash dividends of $38,500 were paid, $5,500 of which were paid to preferred stockholders