Statement of Earnings Items Sales revenue Cost of sales Gross profit Operating expenses Earnings before income taxes Income tax expense (20%) Net earnings Earnings per share (10,000 shares outstanding) J Statement of Earnings Items Sales revenue Cost of sales Gross profit Operating expenses Earnings before income taxes Income tax expense (20%) Net earnings Earnings per share (10000 shares) Year 1 26,250 Year 1 3.50 ? 68% ? 26,250 ? ? ? Required: Fill in all of the missing amounts. (Round "Earnings per share" to 2 decimal places 3.50 Year 2 $225,000 Year 2 $ 225,000 I ? 30% ? 42,000 ? ? 42,000 ?

Required: Fill in all of the missing amounts. (Round "Earnings per share" to 2 decimal place