Ivanhoe, Inc. has the following data for the year ended December 31, 2020:

Net sales		$273,300
Loss on disposal of discontinued operation		22,000
Cost of goods sold		167,100
Interest expense		3,600
Selling expenses		15,000
Administrative expenses		35,120
Shares of capital stock outstanding, 10,000
Tax rate of 30% on all items

Prepare a multiple-step income statement for Ivanhoe, Inc. for the year ended December 31, 2020. (Round earnings per share answers to 2 decimal places, e.g. 5.25.)

Net Sales 273300 Cost of Goods Sold