The accountant of Weatherspoon Shoe Co. has compiled the following information from the company's records as a basis for an income statement for the year ended December 31, 2010.

Rental revenue $29,000
Interest expense 18,000
Market appreciation on land above cost 31,000
Wages and salaries-sales 114,800
Materials and supplies-sales 17,600
Income tax 30,600
Wages and salaries-administrative 135,900
Other administrative expenses 51,700
Cost of goods sold 516,000
Net sales 980,000
Depreciation on plant assets (70% selling, 30% administrative) 65,000
Dividends declared 16,000

There were 20,000 shares of common stock outstanding during the year.

(a) Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e. g. 5.25. For multiple entries list from largest to smallest amounts, e. g. 10, 5, 1. Enter all amounts as positive amounts and subtract where necessary.)