5. Single-Step Income Statement Presented below is an income statement for Kinder Company for the year ended December 31 , 2020. Additional information: 1. "Selling, general, and administrative expenses" included a usual but infrequent charge of $7,000 due to a loss on the sale of investments. 2. "Other, net" consisted of interest expense, $10,000, and a discontinued operations loss of $30,000 before taxes. If the discontinued operations loss had not occurred, income taxes for 2020 would have been $40,000 instead of $34,000. 4. Kinder had 40,000 shares of common stock outstanding during 2020. Instructions Using the single-step format, prepare a corrected income statement, including the appropriate per share disclosures