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The following information is available for Norman corporation for the year ended December 31, 2017: sales revenue $785,000, other revenues and gains $81,500, operating expenses

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The following information is available for Norman corporation for the year ended December 31, 2017: sales revenue $785,000, other revenues and gains $81,500, operating expenses $111,000, cost of goods sold $461,000, other expenses and losses $34,000, and preferred stock dividends $31,850. The company's tax rate was 25%, and it had 52,000 shares outstanding during the entire year. Prepare a corporate income statement. (List other revenues before other expenses.) Calculate earnings per share. (Round answer to 2 decimal places, e.g. 2.25.) Earnings per share $

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