5 5 The trial balance of Kroeger Inc. included the following accounts as of December 31, 2021: Debits points 01:50:56 eBook Sales revenue Interest revenue Credits 8,280,000 68,000 Gain on sale of investments 128,000 Gain on debt securities 144,000 Loss on projected benefit obligation 168,000 Cost of goods sold 6,020,000 Selling expense 680,000 Goodwill impairment loss 460,000 Interest expense General and administrative expense 38,000 580,000 The gain on debt securities represents the increase in the fair value of debt securities and is classified a component of other comprehensive income. Kroeger had 300,000 shares of stock outstanding throughout the year. Income tax expense has not yet been recorded. The effective tax rate is 25%. Required: Prepare a 2021 multiple-step income statement for Kroeger Inc. 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.) Gross profit Operating expenses: KROEGER INC. Income Statement For the Year Ended December 31, 2021 Total operating expenses Operating income Other income (expense): Total other income, net Income before income taxes Net income (loss) Earnings per share