The following are selected ledger accounts of Grouper Rose Corporation at December 31, 2023: Grouper Rose's effective tax rate on all items is 40%. A physical inventory shows that the ending inventory is $688,000. The number of common shares outstanding is 100,000 . Prepare a condensed multiple-step 2023 income statement for Grouper Rose, showing expenses by function. Grouper Rose follows ASPE but decides to disclose EPS on its income statement. (Round per share answer to 2 decimal places, e.g. 52.74.)