The following balances were taken from the books of Novak Corp. on December $31,2025.$

Assume the total effective tax rate on all items is $20\%.$

Prepare a multiple$-$step income statement; $100,000$ shares of common stock were outstanding during the year. $($Round earnings per

share to $2$ decimal places, e$.$g$.1\mathrm{.}48.$ List other revenues and gains before other expenses and losses.$)$