Please provide the correct answer.

Monty's statement of financial position and income statement are as follows at December 31, 2019 and 2020, before any corrections related to the information above. The December 31, 2020 statements are in draft form only and the 2020 accounts have not yet been closed. . MONTY INC. Statement of Financial Position As at December 31, 2020 Assets 2020 2019 Cash $57,600 $32,640 Inventory 102.720 122,880 Plant assets, net , 25.920 51,840 Total assets $186.240 $207,360 Liabilities and Shareholders' Equity Accounts payable $16,320 $58,560 Share capital 28.800 28,800 Retained earnings 141.120 120,000 Total liabilities and shareholders' equity $186,240 $207,360 MONTY INC. . Income Statement Year Ended December 31, 2020 2020 2019 Sales $326,400 $ $259,200 Cost of goods sold 192,000 136,320 Gross profit 134,400 122.880 Operating expenses 84.480 48.000 Net income $49.920 $74,880 (21) Your answer is partially correct. Prepare the comparative income statement for 2020. (Round earnings per share to 2 decimal places, e.g. 52.75.) MONTY INC. Income Statement For the Years Ended December 31 2019 Restated see note XX 2020 Sales 326400 259200 Cost of Goods Sold 192000 136320 Gross Profit 134400 122880 0001 oligen DOORTO Operating Expenses 84480 48000 Net Income /(Loss) /) 49920 74880 Earnines per Share 2.60 3.90