4 Plano Co. 12/31/2021 Partial Trial Balance Data Debits Credits Sales revenue 622,000 Interest revenue 76,000 Gain on sale of investments 126,000 Cost of goods sold 440,000 Selling expense 134,000 5 points Interest expense General and administrative expenses 24,000 88,000 01:52:56 eBook 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 a 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: Total operating expenses Operating income (loss) Other income (expense): Total other income, net Income before income taxes Net income (loss) Earnings per share