Presented below is an income statement for Blossom Company for the year ended December 31, 2020. Blossom Company Income Statement For the Year Ended December 31, 2020 Net sales $760,000 Costs and expenses: Cost of goods sold 540,000 Selling, general, and administrative expenses 60,000 Other, net 40,000 Total costs and expenses 640,000 Income before income taxes 120,000 Income taxes 36,000 Net income $84,000 Additional information: 1. "Selling, general, and administrative expenses" included a usual but infrequent charge of $6,000 due to a loss on the sale of investments. 2. "Other, net" consisted of interest expense, $10,000, and a discontinued operations loss of $30,000 before taxes. If the discontinued operations loss had not occurred, income taxes for 2020 would have been $45,000 instead of $36,000. 3. Blossom had 20,000 shares of common stock outstanding during 2020. Using the single-step format, prepare a corrected income statement, including the appropriate per share disclosures. (Round earnings per share to 2 decimal places, eg. $1.48.) Blossom Company Income Statement $