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 Coronado Company ( $000 omitted). (a) Prepare an income statement for the year 2025 using the multiple-step form. Common shares outstanding for 2025 total 39,200 (000 omitted). (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses) CORONADO COMPANY Income Statement (In thousands, except earnings per share) 5 $