Earnings per Share and Multiple-Step Income Statement he following summarized data relate to Bowden Corporation's current operations Sales revenue Cost of goods sold Selling expenses Administrative expenses Loss on sale of equipment Income tax expense Shares of common stock Outstanding at January 1 $894,000 540.000 69,600 86,400 6,000 57,600 13,000 shres 8400 shares Additional issued at November 1 2,400 shares Additional issued at May 1 Required Pronare a miiltinla.stenincome statemant for Rowden Cornoration for the vear Inc a multinla-sten ineome statement for Rowden ( Chapter 14 Handw. .xlsx A Required Prepare a multiple-step income statement for Bowden Corporation for the year. Include earnings per share disclosu at the bottom of the income statement. BOWDEN CORPORATION Income Statement For the Year Ended December 31 Sales Revenue Cost of Goods Sold Gross Profit on Sales Selling Expenses Administrative Expenses Operating Income 0 Loss on Sale of Equipment Administrative Expenses Operating Income Loss on Sale of Equipment 0 income before Taxes income Tax Expense Net Income Earnings per share of Common Stock Check