1o Problem 4.151 (Algo) Obits Planch. 1273170031 Partia ralance Data Sales revenu Interest revenue Gain on sale of Investments Cost of goods sold Selling expense Interest pente General and administrative expenses Credits 2.000 78,000 128,00 445,000 132.000 22.000 14,000 Plano had 50,000 shares of stock outstanding throughout the year, Income tax expense has not yet been accrued. The effective tax rate is 25% Required Prepare a multiple step income statement with earnings per share disclosure. (Amounts to be deducted should be indicated with minus sign. Round Earnings per share answer to 2 decimal places.) PLANO CO Income Statement For the Year Ended December 31, 2021 Gross profit Operating expenses