$($a$2)$ Prepare a Retained earning statement. $($Round earnings per share to $2$ decimal places, e$.$g$.1\mathrm{.}49.$ List other revenues and gains before other expenses and losses$)$

The Following information is related to Swifty Company for $2025.$

Retained earnings balance, January $1,2025$

Sales revenue

Cost of goods sold

Interest revenue

Selling and administrative expenses

Write$-$off of goodwill

Income taxes for $2025$

Gain on the sale of investments

Loss due to flood damage

Loss on the disposition of the wholesale division $($Net of tax$)$

Loss on operations of the wholesale division $($net of tax$)$

Dividends declared on common stock

Dividends declared on the preferred stock

$$921,200$

$23,500,000$

$15,040,000$

$65,800$

$4,418,000$

$770,800$

$1,169,360$

$103,400$

$366,600$

$413,600$

$84600$

$235000$

$75200$

Swifty Company decided to discontinue its entire wholesale operations $($considered a discon$-$tinued operation$)$ and to retain its manufacturing operations. On September $15,$ Swifty sold the wholesale operations to Rogers Company. During $2025,$ there were $500,000$ shares of common stock outstanding all year.