Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. To simplify the case, the amounts given are in thousands of dollars. UNADJUSTED Account Titles Credit Debit Cash Accounts receivable 31 Prepaid insurance 26 Machinery 93 Accumulated depreciation Accounts payable 27 Wages payable Income taxes payable Common stock (9,000 shares Additional paid-in capital 73 Retained earnings 25 141 Revenues (not detailed) Expenses (not detailed) 41 Totals 250 250 Other data not yet recorded at December 31 include: a. Insurance expired during the current year, $11. b. Wages payable, $15. c. Depreciation expense for the current year, $17 d. Income tax expense, $10. Required: 1. Using the adjusted balances, prepare an income statement for the current year. (Enter your answers in thousands. Round "Earnings per share" to 2 decimal places.) GREEN VALLEY COMPANY Income Statement (in thousands of dollars) Earnings per share