Prepare an income statement for Franklin Kite Co. Take your calculations all the way to computing earnings per share. (Round EPS answer to 2 decimal places.) Sales Shares outstanding Cost of goods sold Interest expense Selling and administrative expense Depreciation expense Preferred stock dividends Taxes $1,030,000 172,000 550,000 24,000 47,000 38,000 88,000 114,000 Franklin Kite Company Income Statement Earnings available to common stockholders Shares outstanding Earnings per share