please explain with work shown

ONLINE 12.10, 7(Mt Sed Help 1 For the year ended December 31, Southern Supply had net sales of $7.230.000, costs and other expenses (including income tax) of $5.940.000, and again from discontinued operations inet of income tax) of $420,000 2. Prepare a condensed Income statement (including earnings per share), assuming that 910,000 shares of common stock were outstanding throughout the year. b. Which earnings per share figure would you recommend be used to compute the price-earnings ratio for Southern Supply Complete this question by entering your answers in the tabs below. Required Prepare a condensed income statement (including eamings per share), assuming that 910,000 shares of common stock were outstanding throughout the year. (Round Earnings per share of common stock to 2 decimal places.) SOUTHERN SUPPLY Income Statement For the Year Ended December 31. Current Yener S Earnings por share ONLINE 12.10, 7(Mt Sed Help 1 For the year ended December 31, Southern Supply had net sales of $7.230.000, costs and other expenses (including income tax) of $5.940.000, and again from discontinued operations inet of income tax) of $420,000 2. Prepare a condensed Income statement (including earnings per share), assuming that 910,000 shares of common stock were outstanding throughout the year. b. Which earnings per share figure would you recommend be used to compute the price-earnings ratio for Southern Supply Complete this question by entering your answers in the tabs below. Required Prepare a condensed income statement (including eamings per share), assuming that 910,000 shares of common stock were outstanding throughout the year. (Round Earnings per share of common stock to 2 decimal places.) SOUTHERN SUPPLY Income Statement For the Year Ended December 31. Current Yener S Earnings por share