Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $600 were declared at the end of the year, and 590 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,360 in cash (for a total at the end of the year of 850 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,660 Accounts receivable 2,230 Interest receivable 280 Prepaid insurance 1,610 Long-term notes receivable 2,980 Equipment 15,100 Accumulated depreciation $ 2,830 Accounts payable 2,210 Dividends payable 600 Accrued expenses payable 3,910 Income taxes payable 2,680 Unearned rent revenue 490 Common Stock (850 shares) 85 Additional paid-in capital 3,445 Retained earnings 3,570 Sales revenue 37,350 Interest revenue 100 Rent revenue 690 Wages expense 18,800 Depreciation expense 1,700 Utilities expense 390 Insurance expense 740 Rent expense 9,700 Income tax expense 2,770 Total $ 57,960 $ 57,960 Prepare a multistep income statement for the current year. (Round your earnings per share to 2 decimal places.) 37,350 37,350 CATENA'S MARKETING COMPANY Income Statement For the current year Operating revenues: Sales revenue $ Total operating revenues Operating expenses: Wages expense Depreciation expense Utilities expense Insurance expense Rent expense 18,800 1,700 390 740 9,700 31,330 6,020 Total operating expenses Operating income Other items: Interest revenue Rent revenue 100 690 Pretax income Income tax expense Net income Earnings per share 6,810 2,770 4,040 1.71