The accountant of Blossom 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, 2020. Rent revenue Interest expense Market appreciation on land above cost Salaries and wages expense (selling) Supplies expense (selling) Income tax Salaries and wages expense administrative) Other administrative expenses Cost of goods sold Net sales Depreciation on plant assets (70% selling, 30% administrative) Cash dividends declared $32,200 21,200 34,200 118,000 20,800 26,300 139.100 54,900 499,200 983,200 68,200 19.200 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, eg 1.42) BLOSSOM SHOE CO. Income Statement S