Sheridan Co. had sales revenue of $543,248 in 2025. Other items recorded during the year were as follows. Cost of goods sold $324,200 Salaries and wages expense 121,800 Income tax expense 29,580 Increase in value of company reputation 16,320 Other operating expenses 13,020 Unrealized gain on value of patents 22,900 Prepare a single-step income statement for Sheridan for 2025. Sheridan has 101,200 shares of stock outstanding. (Round earnings per share to 2 decimal places, e.g. 1.48.)