The following summarized data relate to Robert Corporation's current operations:

Required 

Prepare a multiple-step income statement for Robert Corporation for the year. Include earnings per share disclosure at the bottom of the income statement.

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Sales revenue. Cost of goods sold. Selling expenses.. Administrative expenses. Loss on sale of equipment. Income tax expense.. Shares of common stock Outstanding at January 1. Additional issued at May 1 Additional issued at November 1 $800,000 460,000 65,000 72,000 4,000 42,000 20,000 shares 7,000 shares 2,000 shares