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Skysong Corporation had net sales of $2,404,500 and interest revenue of $37,700 during 2025. Expenses for 2025 were cost of goods sold $1,466,900, administrative expenses
Skysong Corporation had net sales of $2,404,500 and interest revenue of $37,700 during 2025. Expenses for 2025 were cost of goods sold $1,466,900, administrative expenses $214,700, selling expenses $284,600, and interest expense $47,200. Skysong's tax rate is 30%. The corporation had 100,400 shares of common stock authorized and 85,760 shares issued and outstanding during 2025. Prepare a condensed multiple-step income statement for Skysong Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48.)
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