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2. From the following data for Norton Company for the year ended December 31, prepare a multiple-step income statement. Show earnings per share for the following: income from continuing operations, loss on discontinued operations (less applicable income tax), income before extraordinary item, extraordinary item (less applicable income tax), and net income. Common stock, $50 par Cost of merchandise sold Administrative expenses Income tax (applicable to continuing operations) Interest expense Loss on discontinued operations, net of applicable tax of $2,700 Sales Selling expenses Uninsured flood loss, net of applicable income tax of $4,500 $200,000.00 $342,000.00 $48,250.00 $142,000.00 $3,750.00 $5,400.00 $865,000.00 $83,000.00 $14,000.00