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ABC Corporation's income statement for the year ended December 31, 2024 follows: (Click on the icon to view the income statement.) ABChad 8,000shares of
ABC Corporation's income statement for the year ended December 31, 2024 follows: (Click on the icon to view the income statement.) ABChad 8,000shares of common stock outstanding during 2024ABCdeclared and paid preferred dividends of $4,000during 2024. Show how ABCreports EPS data on its 2024income statement. (Round the earnings per share amounts to the nearest cent, $X.XX.) Net Income ABC Corporation Income Statement Year Ended December 31, 2024 Reference ABC Corporation Income Statement Year Ended December 31, 2024 Net Sales $ 81,000 30,000 Cost of Goods Sold Gross Profit 51,000 25,000 Operating Expenses Operating Income Other Income and (Expenses) Income Before Income Taxes Income Tax Expense 26,000 (7,200) 18,800 3,948 Income from Continuing Operations 14,852 Discontinued Operations (less applicable tax) 2,844 $ 17,696 Net Income
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