P6-3 Understanding the Statement of Earnings Based on the Gross Profit Percentage LO63 The following data were taken from the year-end records of Nomura Export Company: Required: Fill in all of the missing amounts. (Round "Earnings per share" to 2 decimal places.) Year 1 Year 2 Statement of Earnings Items Gross sales revenue Sales returns and allowances $ 176,000 $ 248,000 19,600 Net sales revenue 70% 35% 19,600 Cost of sales Gross profit Operating expenses Earnings before income taxes Income tax expense (20%) Net earnings Earnings per share (10,000 shares outstanding) 21,600 2.56