The following balances were taken from the books of Vaughn Corp. on December 31, 202 Interest revenue $122,100 Accumulated depreciation-equipment $57,700 Cash 73,100 Accumulated depreciation-building 40,900 Sales 1,933,700 Notes receivable 218,700 Accounts receivable 211,700 Selling expenses 273,300 Prepaid insurance 29,700 Accounts payable 239,700 Sales returns and allowances 211,700 Bonds payable 141,700 Allowance for doubtful accounts 11,500 Administrative and general expenses 137,500 Sales discounts 64,700 Accrued liabilities 46,500 Land 141,700 Interest expense 85,700 Equipment 281,700 Notes payable 141,700 Building 197,700 Loss from earthquake damage 211,700 Cost of goods sold 871,100 Common stock 701,700 Retained earnings 31,100 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