Presented below is an income statement for Kinder Company for the year ended December 31, 2012. Kinder Company Income Statement For the Year Ended December 31, 2012 Net sales $800,000 Costs and expenses: Cost of goods sold 560,000 Selling, general, and administrative expenses 70,000 Other, net 20,000 Total costs and expenses 650,000 Income before income taxes 150,000 Income taxes 45,000 Net income $105,000 Additional information: 1. "Selling, general, and administrative expenses" included a usual but infrequent charge of $7,000 due to a loss on the sale of investments. 2. "Other, net" consisted of interest expense, $10,000, and an extraordinary loss of $10,000 before taxes due to earthquake damage. If the extraordinary loss had not occurred, income taxes for 2012 would have been $24,000 instead of $21,000. 4. Kinder had 20,000 shares of common stock outstanding during 2012. Instructions Using the single-step format, prepare a corrected income statement, including the appropriate per share disclosures.