Sales revenue Cost of goods sold Selling expenses Administrative expenses Loss from plant strike Shares of common sock Outstanding at January 1 3,108.000 1,806,000 135.800 1000 shares Additional issued at April17000 shares Additional issued at August3000 shares Required Prepare a multiple-step income statement for Garner Corporation, Include earnings per share disclosure at the bottom of the income statement. Garner Corporation has no preferred stock GARNER CORPORATION Income Statement For the Year Ended December 31 Sales Revenue 3,108,000 Cost of Goods Sold 806,000 Gross Proft on Sales 302000 v Selling Expenses 252,000 Administrative Expenser 200200 452.200 49,800 35,800 14000 88.000 x Operating Income Loss from Plant Seike income before Taxe Income Tax Expense Net Income 0 X 0 x Earnings per shere of Common Stock Check