Prepare an income statement for Franklin Kite Company. Take your calculations all the way to computing earnings per share. Note: Round EPS answer to 2 decimal places. Input all your answers as positive values. Sales $ 1,440,000 Shares outstanding 148,000 Cost of goods sold 1,050,000 Interest expense 28,000 Selling and administrative expense 47,000 Depreciation expense 33,000 Preferred stock dividends 80,000 Taxes 112,000