The follotving is a partial trial balance for General Lighting Corporation as of December 31, 2016 300,000 shares of common stock were outstanding throughout 2016. Income tax expense has not yet been recorded. The income tax rate is 40%. Required: 1. Prepare a single-step income statement for 2016, including EPS disclosures. (Round EPS answers to 2 decimal places.) \begin{tabular}{|l|l|l|l|l|} \hline & & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Earnings per share: & & \\ \hline \end{tabular} 2. Prepare a multiple-step income statement for 2016, including EPS disclosures. (Round EPS answers to 2 decimal places.)