The following information pertains to the financial year-end for Aspen Retailers as of September 30, 2022:

• Accounts receivable: $105,000
• Retained earnings, October 1, 2021: $370,000
• Gain on operation of discontinued operations (before tax): $90,000
• Sales revenue: $1,550,000
• Cost of goods sold: $820,000
• Selling expenses: $165,000
• Cash: $82,000
• Common shares (55,000 common shares outstanding): $320,000
• Dividend revenue: $19,000
• Inventory: $135,000
• Unearned revenue: $7,500
• Land: $490,000
• Interest expense: $25,000
• Administrative expenses: $175,000
• Notes payable (maturity 2024): $220,000
• Accounts payable: $90,000
• Loss on disposal of discontinued operations (before tax): $100,000
• Depreciation expense: $62,000
• Loss on sale of property (before tax): $16,000

Aspen Retailers is subject to a 25% income tax rate.

Requirements:

1. Prepare a multiple-step income statement for Aspen Retailers for the year ended September 30, 2022.
2. Compute the earnings per share if needed.
3. Calculate the net profit margin.
4. Determine the income from continuing operations.