The Calloway Book Company's accounting records include the following for 2021 (in thousands): (Click the icon to view the accolanting records.) Read the requirements. Requirement 1. Prepare Calloway Book Company's single-step income statement for the year ended December 31.2021 , inciuding eamings per share (EPS) Calloway had 1,000,000 shares of common stock and no preferred stock outstanding during the year. (Round earnings per share amounts to the nearest cent.) Data table Reqquirements 1. Prepare Calloway Book Company's single-step income statement for the year ended December 31, 2021, including earnings per share (EPS). Calloway had 1,000,000 shares of common stock and no preferred stock outstanding during the year. 2. Assume Calloway Book Company's income from operations indicates that its core business has steadily increasing by about 10% per year over the past three years and that none of its operations have been discontinued. What does this say about the quality of the company's earnings? Calloway Book Company Income Statement Year Ended December 31, 2021 (In thousands excopt per share amounts) Earnings per share (EPS) Requirement 2. Assume Calioway Book Company's income from operations indicates that its core businews has steadily increasing by about 10 he pec year over the past three years and that none of its operabions have been discontinued. What does this say about the quality of the company/s eamingi? The company's qualify of earrings would be considered to be years. based on its sleady growth each year and no diconiniwed aperations dunng reobent