Earnings per Share and Multiple-Step Income Statement The following surnmarized data are related to Garner Corporation's operations: Sales revenue Cost of goods sold Selling expenses Administrative expenses Loss from plant strike Income tax expense Shares of common stock Outstanding at January 1 $2,216,000 1,290,000 180,000 142,800 95,000 204,000 65,000 shares 17,000 shares 3,000 shares Additional issued at April 1 Additional issued at August 1 Required Prepare a multiple-step income statement for Garner Corporation. Include earnings per share disclosure at the bottom of the income statement. Garner Corporation has no preferred stock. GARNER CORPORATION Income Statement For the Year End s 2,216,00 Sales Revenue 1,290,00 Cost of Goods Sold