Vaughn Inc. provided the following information for the year 2025. Retained earnings, January 1, 2025 Administrative expenses Selling expenses Sales revenue Cash dividends declared Cost of goods sold Loss on discontinued operations Rent revenue Unrealized holding gain on available-for-sale debt securities Income tax applicable to continuing operations Income tax benefit applicable to loss on discontinued operations Income tax applicable to unrealized holding gain on available-for-sale debt securities $648,000 259,200 324,000 2,052,000 86,400 918,000 118,800 110,916 18,360 201,960 65,340 2,160 Prepare a statement of comprehensive income using the two statement format. Prepare a retained earnings statement for 2025. (List items that increase retained earnings first.) Prepare a single-step income statement for 2025. Shares outstanding during 2025 were 100,000 . (Round earnings per shore to 2 Cost of Goods Sold