Plano Co. 12/31/2021Partial Trial Balance DataDebitsCreditsSales revenue790,000Interest revenue66,000Gain on sale of investments116,000Cost of goods sold560,000Selling expense144,000Interest expense36,000General and administrative expenses112,000

Plano had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%.

Required:

Prepare a multiple-step income statement with earnings per share disclosure.(Amounts to be deducted should be indicated with a minus sign. Round Earnings per share answer to 2 decimal places.)