The following information is related to Splish Company for 2020.

Retained earnings balance, January 1, 2020		$1,332,800
Sales Revenue		34,000,000
Cost of goods sold		21,760,000
Interest revenue		95,200
Selling and administrative expenses		6,392,000
Write-off of goodwill		1,115,200
Income taxes for 2020		1,691,840
Gain on the sale of investments		149,600
Loss due to flood damage		530,400
Loss on the disposition of the wholesale division (net of tax)		598,400
Loss on operations of the wholesale division (net of tax)		122,400
Dividends declared on common stock		340,000
Dividends declared on preferred stock		108,800

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

(a1)

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