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The accountant of Splish Shoe Co. has compiled the following information from the company's records as a basis for an income statement for the year ended December 31, 2025. There were 20,000 shares of common stock outstanding during the year. Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.48. Enter selling expenses Gross Profit Operating Expenses Selling Expenses: Salaries and Wages Expense $ Accumulated Depreciation-Equipment Supplios Expense Total Selling Expenses Administrative Expenses Salaries and Wages Expense Accumulated Depreciation-Equipment Other Administrative Expenses Total Administrative Expenses: Income from Operations Other Revervues and Gains Rent Revenue Other Expenses and Losses Interest Expense Income before Income Tax. Income Tax Nef Income/ (Loss) 5 Earnings per Share