on its income statement. EA14 (LO 5) (Condensed Income Statement-Periodic Inventory Method) The following are selected ledger accounts of Holland Rose Corporation at December 31, 2023: Holland Rose's effective tax rate on all items is 25%. A physical inventory shows that the ending inventory is $686,000. The number of common shares outstanding is 90,000 . Instructions Prepare a condensed multiple-step 2023 income statement for Holland Rose, showing expenses by function. Holland Rose follows ASPE but decides to disclose EPS on its income statement