1. The company has a policy that depreciation costs, repair costs, and telephone and internet costs must be divided 75% for the Sales Department and 25% for the Administration Department.
2. The declared dividend consists of 20% for preferred shareholders and the remainder for ordinary shareholders.
3. The Retained Earnings account had a balance of IDR 842,500,000 at the beginning of the period and 80,000 ordinary shares were outstanding.
4. Income tax is 22% for this year.

Requested:

Prepare Yellow Company's income statement for the period (including earnings per share calculation) and provide your explanation!

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Depreciation expense Property tax expense-office Bad debt expense Repair expense Office expense Sales returns Dividend revenue Interest expense 30.575.000 Sales revenue 3.946.250.000 18.300.000 Sales discounts 77.875.000 12.125.000 Cost of goods sold 2.241.925.000 Salary and wages expense- 38.325.000 140.650.000 Sales 15.000.000 Sales commission 155.750.000 Travel expense Entertainment expense 244.000.000 95.000.000 Delivery expense 45.000.000 Telephone and internet Income tax payable 255.000.000 72.325.000 53.500.000 37.050.000 29.625.000 expense Depreciation understatement 44.250.000 Miscellaneous selling expense 11.787.500 due to error Dividends declared 115.000.000 Supplies expense-office 8.625.000 Depreciation expense Property tax expense-office Bad debt expense Repair expense Office expense Sales returns Dividend revenue Interest expense 30.575.000 Sales revenue 3.946.250.000 18.300.000 Sales discounts 77.875.000 12.125.000 Cost of goods sold 2.241.925.000 Salary and wages expense- 38.325.000 140.650.000 Sales 15.000.000 Sales commission 155.750.000 Travel expense Entertainment expense 244.000.000 95.000.000 Delivery expense 45.000.000 Telephone and internet Income tax payable 255.000.000 72.325.000 53.500.000 37.050.000 29.625.000 expense Depreciation understatement 44.250.000 Miscellaneous selling expense 11.787.500 due to error Dividends declared 115.000.000 Supplies expense-office 8.625.000