Debits Plano Co. 12/31/2021 Partial Trial Balance Data Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expense Interest expense General and administrative expenses Credits 775,000 65,000 115,000 550,000 145,000 35,000 110,000 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 profit Operating expenses: Total operating expenses Operating income (loss) Other income (expense): Total other income, net Income before income taxes Net income (loss) Earnings per share