ms PIZ1 Teruya Corporation provided the following relevant information for its fiscal year ending September 30, LO1 2015: Sales Cost of goods sold Sales returns Depreciation on sales equipment Sales commissions Sales salaries Administrative salaries Depreciation on office equipment Bond interest expense Selling expenses Administrative expense Loss on disposal of marine products division Marine products division operating income Dividend income Entertainment expense Dividends declared on preferred stock $1,950,000 1,231,600 41,000 6,500 103,000 62,300 98,200 8,500 22,000 168,900 134,600 80,000 4,000 23,100 10,000 On October 1, 2014, Teruya's retained earnings balance was $238,790. The tax rate for Teruya Corpora- tion is 20 percent. There are 50,000 shares of common stock outstanding. Required: A. Prepare a multistep income statement for fiscal 2015 B. Calculate the earnings per share for 2015