The accountant of Bonita Shoe Co$.$ has compiled the following information from the company's records as a basis for an income BONITA SHOE CO$.$

Income Statement

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$

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List of Accounts

statement for the year ended December $31,2025.$

There were $20,000$ shares of common stock outstanding during the year.

$($a$)$

Prepare a multiple$-$step income statement. $($Round earnings per share to $2$ decimal places, e$.$g$.1\mathrm{.}48.$ Enter selling expenses before

administrative expenses. Enter other revenue and gains before other expenses and losses.$)$