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1 1 For the year ended December 31, Southern Supply had net sales of $7450,000, costs and other expenses including income tax of $5,940,000, and again from discontinued operations (net of income tax) of 5420,000 a. 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 012950 Complete this question by entering your answers in the tabs below. Required A Required B Prepare a condensed income statement (including earnings per share), assuming that 910,000 shares of common stock were outstanding throughout the year (Round laminos per share of common stock to 2 decimal places) SOUTHERN SUPPLY Income Statement For the Year Ended December 31, Current Year 0 0 Eamings por share Reque Required B ONLINE exam Ich 12. 10.7 (Mkt Sec) Sad Help 1 For the year ended December 31, Southern Supply had net sales of $7450,000, costs and other expenses including income Tox) of $5.940,000, and again from discontinued operations (net of income tax) of $420,000 a. Prepare a condensed Income statement including earnings pet share), assuming that 910,000 shares of common stock were b. Which earnings per share figure would you recommend be used to compute the price-earnings ratio for Southern Supply 012919 Complete this question by entering your answers in the tabs below. Required A Required Which earnings per share figure would you recommend be used to compute the price-earrings ratio for Southern Supply? Which earrings used to compute the price camingsradio?