The ledger of Pharoah Corporation at November 30, 2024, contains the following summary data: Cash dividends-common $62,500 Operating expenses Cash dividends-preferred 25,000 Other comprehensive income-loss on equity investments (before in Common shares 317.500 Rent revenue Cost of goods sold 7,230,000 Preferred shares ($5 noncumulative) Depreciation expense 345,000 Retained earnings, December 1, 2023 Sales 9,015,000 Your analysis reveals the following additional information: 1. The company has a 25% income tax rate. 2. The communications devices division was discontinued on August 31. The profit from operations for the divisi division was sold at a loss of $72.500 before income tax. 3. 22C There were 200,000 common and 5,000 preferred shares issued on December 1, 2023, with no changes during Q Search Your analysis reveals the following additional information: 1. The company has a 25% income tax rate. 2. 3. The communications devices division was discontinued on August 31. The profit from operations for the divis division was sold at a loss of $72,500 before income tax. There were 200,000 common and 5,000 preferred shares issued on December 1, 2023, with no changes durin Prepare a multiple-step income statement for the year. (Round earnings per share to 2 decimal places, e.g. 15.25.) PHAROAH CORPORATION Income Statement Year Ended November 30, 2024 Sales S