Centaur Corporation has reported: Sales for $2019$ were $$245,000,$ and the cost of goods sold was $60$ percent of sales. Selling and administrative expense was $$24,500.$ Depreciation expense was $8$ percent of plant and equipment $($gross$)$ at the beginning of the year. Interest expense for the notes payable was $10$ percent, while the interest rate on the bonds payable was $12$ percent. This interest expense is based on December $31,20$X$1$ balances. The tax rate averaged $20$ percent. $$2,500$ in preferred stock dividends were paid, and $$5,500$ in dividends were paid to common stockholders. There were $10,000$ shares of common stock outstanding. a$.$ Prepare an income statement for $2019.$