information related to Marlin Company for 2025. Retained earnings balance, January 1, 2025 Sales revenue Cost of goods sold Interest revenue Selling and administrative expenses Write-off of goodwill Income taxes for 2025 Presented below is $ 2,250,000 53,000,000 33,000,000 120,000 8,900,000 2,100,000 3,650,000 53,000 Loss on the sale of investments (normal recurring) Loss due to hurricane damage 1,100,000 Gain on the disposition of the retail division (net of tax) 23,000 Loss on operations of the retail division (net of tax) Dividends declared on common stock 231,000 350,000 125,000 Dividends declared on preferred stock Instructions I Prepare a multiple-step income statement and a retained earnings statement. Marlin Company decided to discontinue its entire retail operations and to retain its manufacturing and wholesale operations. On September 15, Marlin sold the retail operations to Shark Corp. During 2025, there were 700,000 shares of common stock outstanding all year.