Round your answer for earnings per share to the nearest cent. Corporation Xi Income Statement for the Year Ended XX/XX/XX Sales $ Cost of goods sold Other expenses Earnings before interest and taxes Interest expense Earnings before taxes Assets Cash Accounts receivable Inventories Raw materials Finished goods Total inventories Total current assets Plant and Equipment Total assets Net earnings Number of shares outstanding Earnings per share Corporation X Balance Sheet as of XX/XX/XX Liabilities and Owners' Equity Accounts payable Other current abilities Total current liabilities Long-term debt Equity Total tobilities and shareholders' equity Grade it Now Save & Continue Continue without saving Problem 9-01 From the following information, construct a simple income statement and a balance sheet: Sales $1,100,000 Finished goods 170,000 Long-term debt 400,000 Raw materials 110,000 Cash 65,000 Cost of goods sold 730,000 Accounts receivable 280,000 Plant and equipment 440,000 Interest expense 60,000 Number of shares outstanding 80,000 Earnings before taxes 250,000 Taxes 150,000 Accounts payable 150,000 Other current liabilities 60,000 Other expenses 60,000 Equity 455,000 Round your answer for earnings per share to the nearest cent. Corporation Xt Income Statement for the Year Ended XX/XX/XX Sales Cont of goods sold Other expenses Earnings before interest and taxes Interest expense tarings before taxes Taxes Net earnings Number of shares outstanding farings per share Corporation X Balance Sheet as of XX/XX/XX Assets Liabilities and Owners' Equity rach ASAP