Prepare an income statement in good form using the information given below. Make sure to identify gross profit, operating income, and net income and earnings per share. Cost of Goods Sold $250,000 Administrative Expenses 50,000 Sales 600,000 Depreciation expense 25,000 Selling expenses 150,000 Interest expense 8,000 Corporate tax rate 40% (You must calculate the tax expense to complete the income statement) Number of shares outstanding 100,000