November 30, 2024: The following information was taken from the records of Grey Motorsports, Inc. (Click the icon to view the data.) Prepare a multi-step income statement for Grey Motorsports for the fiscal year ended November 30, 2024. Include earnings per share. Complete the income statement in this step, and then identify and enter the applicable EPS amounts in the following step. (Round all earnings per share amounts to the nearest cent, $X.XX.) Grey Motorsports, Inc. Income Statement Year Ended November 30, 2024 Net Income $ 177,500 Selling Expenses Administrative Expenses Income From Discontinued Operations Cost of Goods Sold Treasury Stock-Common (2,500 shares) Net Sales Revenue 120,000 100,000 8,250 430,000 17,500 792, 100 Common Stock, $5 Par Value, 35,500 shares authorized and issued Preferred Stock, $2 No-Par Value, 9,000 shares issued Income Tax Expense: Continuing Operations Income Tax Expense: Income from Discontinued Operations 540,000 35,000 3,300