Prepare an income statement for Virginia Slim Wear. Take your calculations all the way to computing earnings per share. (Round EPS answer to 2 decimal places.) Sales Shares outstanding Cost of goods sold Interest expense Selling and administrative expense Depreciation expense Preferred stock dividends Taxes Sales Cost of goods sold Operating profit Virginia Slim Wear Income Statement Depreciation expense Selling and administrative expense Gross profit Interest expense Earnings before taxes Taxes Earnings after taxes Preferred stock dividends $1,500,000 100,000 1,170,000 34,000 49,000 24,000 80,000 103,000 0 $ 0 $ 0 0 Earnings available to common stockholders $ 0 Shares outstanding Earnings per share