2. Shown below is an income statement for 2025 that was prepared by a poorly trained bookkeeper of Howell Corporation. Howell Corporation INCOME STATEMENT December 31, 2025 Sales revenue Investment revenue Cost of goods sold Selling expenses $815,000 19,500 (408,500) (145,000) Administrative expenses (195,000) Interest expense (13,000) Income before special items 73,000 Special items Loss on disposal of a component of the business Net federal income tax liability (40,000) (6.600) $26,400 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