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.

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.)