The following are selected ledger accounts of Ayayai Rose Corporation at December 31, 2023: Cash $180,000 Entertainment expense $66,000 Inventory (as at Jan. 1, 2023) 530,000 Office expense 31,000 Sales revenue 4,200,000 Insurance expense 22,000 Unearned revenue 100,000 Advertising expense 50,000 Purchases 2,700,000 Freight out 90,000 Sales discounts 30,000 Depreciation expense of office equipment 44,000 Purchase discounts 23,000 Depreciation expense of sales equipment 32,000 Salaries and wages expense (sales) 280,000 Telephone and internet expense (sales) 16,000 Salaries and wages expense (administrative) 340,000 Utilities expense (administrative) 28,000 Purchase returns and allowances 12,000 Miscellaneous expense 6,000 Sales returns and allowances 75,000 Rental revenue 220,000 Freight in 68,000 Loss on disposal of equipment 50,000 Accounts receivable 140,000 Interest expense 174,000 Sales commission expense 80,000 Common shares 800,000 Ayayai Rose's effective tax rate on all items is 20%. A physical inventory shows that the ending inventory is $678,000. The number of common shares outstanding is 80,000. Prepare a condensed multiple-step 2023 income statement for Ayayai Rose, showing expenses by function. Ayayai Rose follows ASPE but decides to disclose EPS on its income statement. (Round per share answer to 2 decimal places, e.g. 52.74.)