The following items are from the adjusted trial balance of Bailey Corp. on December 31, 2020, the end of its annual accounting period. Assume an average 25% income tax on all items. Weighted average shares of common stock outstanding for 2020 were 10,000. Sales revenue 4516160 Selling expenses $10800 Depreciation for the period Rent revenue 4300 General and administrative expenses 8,000 1,920 Interest revenue 1.600 Interest expense 264,000 Loss on sale of investment 720 1200 17,000 Gain on sale of investment Cost of goods sold Required Prepare a multiple-step income statement for the 12 months ended December 31, 2020, including the earnings per share disclosure. Assume that rent revenue is a nonoperating revenue Enterrevenues and gains and expenses and losses in the order of the largest dollar amount to the smallest dollar amount, Do not use negative signs with any of your answers. Enter the answer for earnings per share in dollars and cents, rounded to the nearest penny. Required Prepare a multiple-step income statement for the 12 months ended December 31, 2020, including the earnings per share disclosure Assume that rent revenue is a nonoperating Enter revenues and gains and expenses and losses in the order of the largest dollar amount to the smallest dollar amount Do not use negative signs with any of your answers Enter the answer for earnings per share in dollars and cents, rounded to the nearest penny. Sales revenue Bailey Corp. Income Statement For the Year Ended December 31, 2020 Cost of goods sold Revenues and gains Operating expenses Selling expenses 0 0 Expemes and loves Other revenues and gains Other expenses and losses interest expense Earnings per share $ = #