Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a single-step format. The discussion involves the following 2025 information related to Oriole Company ( $000 omitted). (b) Your answer is partially correct. Prepare an income statement for the year 2025 using the single-step form. (Round earnings per share to 2 decimal places, e.g. 1.48.) ORIOLE COMPANY Income Statement For the Year Ended December 31, 2025 (In thousands, except earnings per share) Revenues Sales Revenue Rent Revenue Total Revenues Expenses Cost of Goods Sold Depreciation Expense Total Expenses Income before Income Tax Income Tax Net Income / (Loss) Earnings per Share $ 7172 (b) Your answer is partially correct. Prepare an income statement for the year 2025 using the single-step form. (Round earnings per share to 2 decimal places, e.g. 1.48.) ORIOLE COMPANY Income Statement For the Year Ended December 31, 2025 (In thousands, except earnings per share) Share \begin{tabular}{rr|} $97192 \\ \hline & 17922 \\ \hline \end{tabular} 7172