Dynamo Company produces a popular video game called Chaos, which sells for $32. Last year Dynamo sold 50,000 Chaos games, each of which costs $6 to produce. Dynamoincurred selling and administrative expenses of $80,000 and amortization expense of $10,000. In addition, Dynamo has a $100,000 loan outstanding at 12%. Its tax rate is 40%. There are 100,000 common shares outstanding.

Required:

Prepare an income statement for Dynamo in good form (include EPS).