Presented below is a combined single-step income and retained earnings statement for Hardrock Mining Co. for 20X1.

Statement of Income and Retained Earnings for the Year Ended December 31, 20X1
($ in 000)
Net sales	$5,281,954
Costs and expenses
Cost of products sold	4,765,505
Marketing, administrative, and other expenses	193,147
Interest expense	17,143
Other, net	54,529
Total expenses before taxes	5,030,324
Earnings before income taxes	251,630
Provision for income taxes	(52,842)
Net income	198,788
Retained earnings at 1/1/20X1	3,046,660
Dividends on common stock	(100,000)
Retained earnings at 12/31/20X1	$3,145,448

Additional facts gleaned from notes to Hardrock’s financial statements follow (dollar amounts in thousands):

a. Other, net for 20X1 included a corporate restructuring charge of $8,777 and a pre-tax profit of $12,000 on discontinued operations. The remainder of the category is composed of investment losses.

b. Marketing, administrative, and other expenses for 20X1 included a loss on currency translation of $55.

c. All of these transactions were subject to Hardrock’s income tax rate of 21%.

d. Hardrock disclosed earnings per share data only in the notes to the financial statements. The company had 10,000,000 shares of common stock outstanding throughout 20X1.

Required:

Recast this single-step combined income statement and retained earnings statement as a multiple-step income statement in appropriate form. Include appropriate per share amounts.