prepare a multi step income statement.

The following balances were taken from the books of Bonita Corp. on December 31, 2020. Interest revenue Cash Sales revenue Accounts receivable Prepaid insurance Sales returns and allowances Allowance for doubtful accounts Sales discounts Land Equipment Buildings Cost of goods sold $87,400 52,400 1.381,400 151,400 21.400 151.400 8.400 46,400 101.400 201.400 141,400 622.400 Accumulated depreciation-equipment Accumulated depreciation-buildings Notes receivable Selling expenses Accounts payable Bonds payable Administrative and general expenses Accrued liabilities Interest expense Notes payable Loss from earthquake damage Common stock Retained earnings $41,400 29,400 156,400 195.400 171,400 101.400 98.400 33.400 61,400 101.400 151,400 501,400 22.400 Assume the total effective tax rate on all items is 20% Prepare a multiple step income statement 100.000 shares of common stock were outstanding during the year. (Round earnings per BONITA CORP. Income Statement $ V. S Per share of common stock