The accountant for Bubble Bath Products, Inc. (a private company) has compiled the following information from the company's records to prepare an income statement for the year ended December 31, 2021. (There was no change in the number of common shares (12,000) issued and outstanding during the year. Item Description Net sales revenue Depreciation of plant assets (60% selling, 40% admin) Dividends Rent revenue Interest on notes payable Market appreciation on land held as an investment Purchases Freight-in Inventory, January 1, 2021 Inventory, December 31, 2021 Purchase returns and allowances Salaries and wages - sales Supplies expense - sales Income tax Salaries and wages - administrative Administrative expenses Advertising expense Delivery expense Instructions: Amount $ 970,000 70,000 14,400 30,000 17,000 44,000 421,000 37,000 82,000 81,000 11,000 95,000 11,400 45,000 135,900 46,700 20,000 6,000 1. Prepare a multi-step income statement using a proper format. 2. Calculate EPS (show your calculation).