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The following account balances were included in the trial balance of Marigold Corp I balance of Marigold Corporation at June 30,2025. Depreciation expense (office furniture

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The following account balances were included in the trial balance of Marigold Corp I balance of Marigold Corporation at June 30,2025. Depreciation expense (office furniture and equipment) Property tax expense Bad debt expense (selling) $7,344 Maintenanceandrepairsexpense(administration)8,321 Office expense Sales returns and allowances Dividends revenue Interest expense Income tax expense 5,500 59,395 Depreciation understatement due to error 2025 (net of tax) 19,103 Dividends declared on preferred stock 9,040 Dividends declared on common stock 38,070 The Retained Earnings account had a balance of $353,730 at July 1, 2024. There are 86,470 shares of common stock outstanding. (a1) Using the multiple-step form, prepare an income statement for the year ended June 30, 2025. (Round earnings per share to 2 decimal ploces, e.g. 1.48.)

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