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P 5 - 3 ( Algo ) Understanding the Statement of Earnings Based on the Gross Profit Percentage LO 5 - 2 The following data

P5-3(Algo) Understanding the Statement of Earnings Based on the Gross Profit Percentage LO5-2
The following data were taken from the year-end records of Nomura Export Company:
Statement of Earnings Items Year 1 Year 2
Sales revenue ? $ 222,000
Cost of sales 68%?
Gross profit ?30%
Operating expenses 24,000?
Earnings before income taxes ?36,000
Income tax expense (20%)??
Net earnings ??
Earnings per share (10,000 shares outstanding)3.20?
Required:
Fill in all of the missing amounts. (Round "Earnings per share" to 2 decimal places.)

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