Presented below is information related to Skysong Corp. for the year 2025. Net sales $1,170,000 Write-off of inventory due to obsolescence $72,000 Cost of goods sold 702,000 Depreciation expense omitted by accident in 2024 49,500 Selling expenses 58,500 Casualty loss 45,000 Administrative expenses 43,200 Cash dividends declared 40,500 Dividend revenue 18,000 Retained earnings at December 31, 2024 882,000 Interest revenue 6,300 Effective tax rate of 20% on all items (a) Your Answer Correct Answer Your answer is partially correct. Prepare a multiple-step income statement for 2025. Assume that 60,800 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, e.g. 1.49.) SKYSONG CORP. Income Statement choose the