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. Rent revenue Interest expense Market appreciation on land above cost Salaries and wages expense (selling) Supplies (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 $32,300 21,300 34,300 118,100 20,900 26,400 139,200 55,000 499,300 983,300 68,300 19,300

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. Prepare a multiple-step incomestatement, (Round earnings per share to 2 decimal places, es. 1.48. Enter selling oxpense before administrative expenses. Enter other revenue and wains before other expenses and losses.)