Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared. However, 570 shares ($0.10 par value per share) issued at the end of the year for $3,000 are included below:

	Debit				Credit
Cash	$	1,680
Accounts receivable		2,230
Interest receivable		220
Prepaid insurance		1,720
Notes receivable (long-term)		2,890
Equipment		15,200
Accumulated depreciation				$	2,920
Accounts payable					2,260
Accrued expenses payable					3,830
Income taxes payable					2,540
Unearned rent revenue					390
Common Stock (830 shares)					83
Additional paid-in capital					3,617
Retained earnings					4,130
Sales revenue					36,850
Interest revenue					170
Rent revenue					720
Wages expense		18,800
Depreciation expense		1,700
Utilities expense		370
Insurance expense		700
Rent expense		9,200
Income tax expense		2,800
Total	$	57,510		$	57,510

Prepare a multi-step income statement in good form for the current year. Include earnings per share. (Round your earnings per share to 2 decimal places. )

ROMNEYS MARKETING COMPANY
Income Statement
For the current year
Operating revenues:
Sales revenue	$ 36,850
Total operating revenues	36,850
Operating expenses:
Wages expense	18,800
Depreciation expense	1,700
Utilities expense	370
Insurance expense	700
Rent expense	9,200
Total operating expenses	30,770
Operating income	6,080
Other items:
Interest revenue	170
Rent revenue	720
Pretax income	6,970
Income taxes expense	2,800
Net income	$ 4,170
Earnings per share