Whispering Corporation had net sales of $2,420,000 and interest revenue of $40,900 during 2025 . Expenses for 2025 were cost of goods sold $1.453.900, administrative expenses $221.800, selling expenses $296,100, and interest expense $51,900. Whispering's tax rate is 30%. The corporation had 105.200 shares of common stock authorized and 87.440 shares issued and outstanding during 2025. Prepare a condensed multipl[-step income statement for Whispering Corporation. (Round earnings per share to 2 decimal places es. 1.48.) WHISPERING CORPORATION Income Statement For the Year Ended December 31, 2025 Net Sales: \$. 2420000 Cost ot Goods Sold 9661001453900 Gross Proft Administrative Expenses 221800 Semine Expinsen 296100