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Complete the income statement in this step, and then identify and enter the applicable EPS amounts in the following step. (Round all earnings per

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Complete the income statement in this step, and then identify and enter the applicable EPS amounts in the following step. (Round all earnings per share amounts to the nearest cent, $X.XX.) Grey Motorsports, Inc. Income Statement Year Ended November 30, 2024 Net Income Selling Expenses Administrative Expenses Income From Discontinued Operations Cost of Goods Sold Treasury Stock-Common (2,500 shares) Net Sales Revenue $ 95,000 135,000 4,400 490,000 42,500 810,000 Common Stock, $15 Par Value, 14,500 shares authorized and issued Preferred Stock, $6 No-Par Value, 2,000 shares issued Income Tax Expense: Continuing Operations Income Tax Expense: Income from Discontinued Operations $ 217,500 120,000 45,000 1,760

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