The following account balances were included in the trial balance of Pronghorn Corporation at June 30, 2017:

Sales revenue		$1,928,500		Telephone and Internet expense (office)		$3,020
Sales discounts		31,150		Salaries and wages (office)		7,920
Cost of goods sold		1,061,770		Supplies expense (sales)		5,550
Salaries and wages (sales)		53,060		Repairs and maintenance expense (office)		9,430
Sales commission expense		99,000		Depreciation understatement due to error2015 (net of tax)		18,100
Advertising expense (sales)		29,030		Miscellaneous expense (office)		7,900
Freight-out		21,400		Sales returns and allowances		63,000
Entertainment expense (sales)		15,620		Dividend revenue		38,400
Telephone and Internet expense (sales)		9,530		Interest expense		18,300
Depreciation of sales equipment		5,780		Income tax		134,300
Repairs and maintenance expense (sales)		6,200		Dividends declared on preferred shares		9,100
Miscellaneous expenses (sales)		5,615		Dividends declared on common shares		32,900
Supplies expense (office)		3,650
Depreciation of office furniture and equipment		7,450

During 2017, Pronghorn incurred production salary and wage costs of $701,500, consumed raw materials and other production supplies of $475,170, and had an increase in work-in-process and finished goods inventories of $114,900. The Retained Earnings account had a balance of $288,000 at June 30, 2017, before closing. There are 180,000 common shares outstanding. Assume Pronghorn has elected to adopt IFRS. (Hint: Production payroll and materials costs reduced by the increase in ending work-in-process and finished goods inventories = the cost of goods sold.)

Prepare an income statement for the year ended June 30, 2017, using the single-step format and showing expenses by nature. (Round per share answer to 2 decimal places, e.g. 52.74.)