Presented below is information related to Nash Corp. for the year 2025. Net sales $1,066,000 Write-off...

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Presented below is information related to Nash Corp. for the year 2025. Net sales $1,066,000 Write-off of inventory due to obsolescence $65,600 Cost of goods sold 639,600 Depreciation expense omitted by accident in 2024 45,100 Selling expenses 53,300 Casualty loss 41,000 Administrative expenses 39,360 Cash dividends declared 36,900 Dividend revenue 16,400 Retained earnings at December 31, 2024 803,600 Interest revenue 5,740 Effective tax rate of 20% on all items (a) Prepare a multiple-step income statement for 2025. Assume that 62,320 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, e.g. 1.49.) Presented below is information related to Nash Corp. for the year 2025. Net sales $1,066,000 Write-off of inventory due to obsolescence $65,600 Cost of goods sold 639,600 Depreciation expense omitted by accident in 2024 45,100 Selling expenses 53,300 Casualty loss 41,000 Administrative expenses 39,360 Cash dividends declared 36,900 Dividend revenue 16,400 Retained earnings at December 31, 2024 803,600 Interest revenue 5,740 Effective tax rate of 20% on all items (a) Prepare a multiple-step income statement for 2025. Assume that 62,320 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, e.g. 1.49.)