Prepare an income statement for Frankin Kite Co. Take your calculations all the way to computing earnings per shar Sales Shares outstanding Cost of goods sold Interest expense Selling and administrative expense Depreciation expense Preferred stock dividends Taxes $ 900,000 50,000 400,000 40,000 60,000 20,000 80,000 50,000 Franklin Kite Company Income Statement Earnings available to common stockholders Shares outstanding Earnings per share