Presented below is information related to Peterson Inc. for year of $2023(1/1/2023-12/31/2023).$Interest expenses $ $340,000$Income from operations of discontinued food department $($pre$-$tax$)70,000$Net Sales $3,520,000$Dividends$-$Common stock $56,000$Selling and administrative expenses $813,000$Interest revenues $260,000$Retained earnings, $1/1630,000$Loss on disposal of discontinued food department $($pre$-$tax$)120,000$Cost of goods sold $1,780,000$Dividends$-$Preferred stock $125,000$

Calculate the following five subtotals$/$amounts on a multiple step income statement:$(1)$ Gross Profit, $(2)$ Income From Operations, $(3)$ Income before tax, $(4)$ Income tax expense, $,$ and $(5)$ Income from continuing operations. Show your work in addition to the answer. Assume a tax rate of $30\%\mathrm{.}2.$ Prepare in good form a partial multiple$-$step income statement for the year $2023$ for Peterson Inc. starting from Income from continuing operations. Also include a proper heading$\mathrm{.}3.$ Assume that $140,000$ shares of common stock were outstanding during the year. Calculate earnings per share based on the net income $($round to two decimals$).$ Show your work in addition to the answer.