Required: Using the information below, prepare a multi-step income statement for the year ended December 31, 2025, for Campbell Corporation. Management policy is to create a separate other comprehensive income statement and therefore not include these items on the face of the income statement. Complete the statement in excel using necessary formulas and referencing. Information: Below is an excerpt from the December 31, 2025, trial balance of Campbell Corporation: Common stock Debit Credit $1,250,000 Additional paid-in capital 2,187,500 Retained earnings, January 1, Year 4 1,650,000 Net sales 6,250,000 Cost of sales $3,750,000 Selling and administrative expenses 1,212,500 Interest expense 122,500 Gain on extinguishment of debt 130,000 Loss on sale of equipment 225,000 Other financial data for the year ended December 31, 2025: a) In July, one of Campbell's operating plants was destroyed by a hurricane. Hurricanes are rare in the area which the plant was located. The portion of the loss that was not covered by insurance was $450,000. b) On November 14, 2025, Campbell Corporation committed itself to a formal plan to sell its Northeast Divisions assets early in 2026. On that date, Campbell estimated that the fair value of the component's assets was $780,000. The book value on November 14, 2025, for the Northeast Division was $675,000. Campbell calculated that the operating loss for the Northeast Division for the 2025 year was $325,000. It was estimated that the Northeast Division would incur operating losses of $100,000 for the period beginning January 1, 2026, to the date of sale for the division. Note: the recorded loss for the Northeast Division was not included in the information given above. c) Campbell Corporation bought a truck in January of 2023 for $180,000. The truck was expected to have a ten-year useful life and no salvage value. During 2025, Campbell realized that the depreciation for the truck had not been recorded in the above information. The truck is being depreciated using the straight-line method. The depreciation expense (on the truck) should be included in selling and administrative expenses. d) The company has an ongoing policy of retiring long-term debt. e) Campbell had unrealized gains of $10,000 on available-for-sale securities during the current year. f) Campbell's pension plan recorded prior service cost of $6,000 during 2025 due to plan amendments. g) Campbell's effective income tax rate is 25%.