need multi-step form and single step form

Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a single-step format. The discussion involves the following 2025 information related to Kingbird Company (\$000 omitted). Administrative expense Officers' salaries $4,957 Depreciation of office furniture and equipment 4,017 Cost of goods sold 60,627 Rent revenue 17,287 Selling expense Delivery expense 2,747 Sales commissions 8,037 Depreciation of sales equipment 6,537 Sales revenue 96,557 Income tax 9,127 Interest expense 1,917 Prepare an income statement for the year 2025 using the multiple-step form tommon shares outstanding for 2025 total 39,695 (000 omitted). (Round eamings per share to 2 decimol ploces, eg. 1.48. Enter other revenue and galns before other expenser and losses) Gross Profit Cporating Expenses Administrative Exoenses Otficers' Salaries 5 Deprociation Experse Selling Expenses Ooeratink Exbenses $ Income from Ooerations (i) felline fulbenser Aiginhtrathe Expentes IMerest Expanse income betorn income Tox incame Tax Net income / (L.os 2) Earnings per Share Prepare an income statement for the year 2025 using the single-step form. (Round eamings per share to 2 decimal places, eg 1.48 )