2. Shown below is an income statement for 2025 that was prepared by a poorly trained bookkeeper of Howell Corporation. Sales revenue Investment revenue Cost of goods sold Selling expenses Administrative expenses Interest expense Income before special items Special items Howell Corporation INCOME STATEMENT December 31, 2025 $815,000 19,500 (408,500) (145,000) (195,000) (13,000) 73,000 (40,000) (6,600) $ 26.400 Loss on disposal of a component of the business Net federal income tax liability Net income Instructions Prepare a multiple-step income statement for 2025 for Howell Corporation according to generally accepted. accounting principles (including format and terminology). Howell Corporation has 50,000 shares of common stock outstanding and has a 20% federal income tax. Round all earnings per share figures to the nearest cent