Net Sales..... Loss on discontinued operations... Cost of Goods Sold. Sales Expenses...... Rent Expense... Advertising Expense.. Outstanding Shares.... .$270,000 .20,000 .165,000 ...3,000 15,000 ..35,000 .10,000 Shares 20% Effective Tax Rate.... Fill in the blanks below, then prepare, in good form, the earnings per share portion of the income statement. Gross Profit: Income from continuing operations: Income from discontinued operations: Net Income