Jordan Sales Company (organized as a corporation on April 1, 2017) has completed the accounting cycle for the second year, ended March 31, 2019. Jordan also has completed a correct trial balance as follows: Credit Debit $ 58,500 49,100 1,500 34,500 $ 13, 100 3,200 1,400 21,400 JORDAN SALES COMPANY Trial Balance At March 31, 2019 Account Titles Cash Accounts receivable Office supplies inventory Automobiles (company cars) Accumulated depreciation, automobiles Office equipment Accumulated depreciation, office equipment Accounts payable Income taxes payable Salaries and commissions payable Note payable, long-term Capital stock (par $1; 32,300 shares) Paid-in capital Retained earnings (on April 1, 2018) Dividends declared and paid during the current year Sales revenue Cost of goods sold Operating expenses (detail omitted to conserve time) Depreciation expense (on autos and including $300 on office equipment) Interest expense Income tax expense (not yet computed) Totals 1,100 32,600 32,300 4,700 6,700 10,600 104,200 32,400 18,500 7,800 1,400 $217,500 $217,500 Required: Complete the financial statements as follows: a. Classified (multiple-step) income statement for the reporting year ended March 31, 2019. Include income tax expense, assuming a 35 percent tax rate. (Round your "Earnings per share" to 2 clecimal places.) JORDAN SALES COMPANY Income Statement | $ 104,200 32,400 Sales revenue Cost of goods sold Gross profit Operating expenses: Operating expenses Depreciation expense $ 18,500 7,800 [ 26,300 Total operating expenses Income from operations Interest expense 1,400 Income before income taxes Income tax expense Net income Earnings per share