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Help 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

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Help 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 700,000 60,000 110,000 500,000 150,000 40,000 100,000 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 EPS 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) 0 0 PLANO CO. Income Statement For the Year Ended December 31, 2021 Gross profit Operating expenses: 0 Total operating expenses Operating income (loss) Other income (expense): 0 0 Total other income, net Income before income taxes 0 Net income (loss) Earnings per share

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