Nate Corporation's accounting records include the following items for the year ending December $31,2024$ :

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The income tax rate for the company is $38\%.$ The company had $10,000$ shares of common stock outstanding during $2024$ and no preferred stock. Prepare Nate's income statement for the year ending

December $31,2024.$ Show how Nate reports EPS data on its $2024$ income statement. $($Use parentheses or a minus sign to enter a loss. Round all earnings per share amounts to the nearest cent,

$$x.xx.$

Nate Corporation

Income Statement

Year Ended December $31,2024$

Gross Profit

$$

Operating Income

Other Income and $($Expense$)$:

Income Before Income Taxes

Income from Continuing Operations