Show Attempt History Current Attempt in Progress Presented below is information related to Novak Corp. for the year 2025. (a) Prepare a multiple-step income statement for 2025. Assume that 97,280 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, e.g. 1.49.) Income from Operations 520960 Other Revenues and Gains Dividend Revenue 25600 Interest Revenue 8960 Other Expenses and Losses Casualty Loss Income before Income Tax 389120 Income Tax Net Income / (Loss) Earnings per Common Share eTextbook and Media Solution List of Accounts Attempts: 4 of 4 used (b) - Your answer is partially correct. Prepare a separate retained earnings statement for 2025. (List items that increase adjusted retained earnings first.) Eamings per Common Share $ 3.2 eTextbook and Media Solution List of Accounts Attempts: 4 of 4 used (b) Prepare a separate retained earnings statement for 2025. (List items that increase adjusted retained earnings first.) NOVAK CORP. Retained Earnings Statement For the Year Ended December 31, 2025 Retalned Earnings, January 1, as Reported Correction for Overstatement of Net Income in Prilor Perlod Retalned Earnings, January 1, as Adjusted A.dd V: Net Income / (Loss) Less : DMldends Declared Retalned Earnings, December 31 eTextbook and Media List of Accounts Save for Later Attempts: 1 of 4 used