Prepare an income statement for the year 2025 using the multiple-step form. Common shares outstanding for 2025 total 24,196 (000 omitted). (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses) NOVAK COMPANY Income Statement For the Year Ended December 31, 2025 (In thousands, except earnings per share) Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Selling Expenses Delivery Expense Sales Commission Depreciation Expense Net Income/(Loss) Administrative Expenses Officers' Salarles Depreciation Expense Total Administrative Expenses Income from Operations Other Revenues and Gains Rent Revenue Other Expenses and Losses Interest Expense Income before Income Tax $ 3377 8667 i 5587 4647 i $ 16719 10234 $ 97187 61257 35930 26953 8977 17917 2547 24347