Presented below is information related to Sheridan Company: Retained earnings, December 31, 2025 Sales revenue Selling and administrative expenses Discontinued operations loss (pre-tax) Cash dividends declared on common stock Cost of goods sold Increase resulting from computation error on depreciation charge in 2024 (pretax) Other revenue Other expenses $667,000 1,517,000 231,000 283,000 33,600 897,000 510,000 116,000 104,000 Prepare a multiple-step income statement for the year 2026. Assume a 20% tax rate and that 80,000 shares of common stock were outstanding during the year. (Round per share values to 2 decimal places, eg. $1.58) Income from Operations Other Revenue Other Expenses Income Before Income Taxes Income Taxes Income from Continuing Operations Discontinued Operations Loss Net Income/(Loss) Earnings per share of common stock- Income from Continuing Operations Discontinued Operations Loss Net Income/(Loss) 389,000 116,000 104.000 i 277,000 55,400 221,600 56,600 165.000 100 2.77 0.71 2.06