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790,000 66,000 116,eee Sales revenue Interest revenue Gain on sale of investnents Cost of goods sold Selling expense Interest expense General and administrative expenses 560,000

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790,000 66,000 116,eee Sales revenue Interest revenue Gain on sale of investnents Cost of goods sold Selling expense Interest expense General and administrative expenses 560,000 144,000 36,00 112,000 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 a minus sign. Round Earnings per share answer to 2 decimal places.) PLANO CO Income statement For the Year Ended December 31, 2021 Gross pro Operating expenses Total operating expenses Operating income (5) Other income (expense) Total other income, net Income before income taxes Net income (los) Earnings per share

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