The following information is available for Zaneb Co. for the year ended December 31, 2017:

Loss on discontinued operations		$79,000		Retained earnings January 1, 2017		$1,480,000
Rent revenue		86,000		Selling expenses		872,000
Income tax applicable to continuing operations		302,000		Income tax applicable to loss on discontinued operations		30,000
Administrative expenses		519,000		Cost of goods sold		1,648,000
Loss on write-down of inventory		43,000		Sales revenue		3,720,000
Gain on sale of equipment		40,000		Cash dividends declared		228,000
Unrealized gain on available-for-sale securities		25,000		Interest expense		57,000

200,000 shares were outstanding during all of 2017.

Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.45.)