The following information is related to Marigold Company for 2020.

Retained earnings balance, January 1, 2020		$940,800
Sales Revenue		24,000,000
Cost of goods sold		15,360,000
Interest revenue		67,200
Selling and administrative expenses		4,512,000
Write-off of goodwill		787,200
Income taxes for 2020		1,194,240
Gain on the sale of investments		105,600
Loss due to flood damage		374,400
Loss on the disposition of the wholesale division (net of tax)		422,400
Loss on operations of the wholesale division (net of tax)		86,400
Dividends declared on common stock		240,000
Dividends declared on preferred stock		76,800

Marigold Company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. On September 15, Marigold sold the wholesale operations to Rogers Company. During 2020, there were 500,000 shares of common stock outstanding all year.

(a1)

Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.49.)