Sheridan, Inc. has the following data for the year ended December 31, 2025: Net sales Loss on discontinued operations Cost of goods sold Interest expense Selling expenses Administrative expenses Net Sales $271,000 Cost of Goods Sold 23,700 167,500 The company has average shares of capital stock outstanding of 10,000 for the year and a tax rate of 20% on all items. Prepare a multiple-step income statement for Sheridan, Inc. for the year ended December 31, 2025. (Round earnings per share answers to 2 decimal places, e.g. 5.25.) 5,400 15,700 37,810 Sheridan Inc. Income Statement Year Ended December 31, 2025 271.000 167.500 Income from Operations Earnings per share: 49990