The following information was taken from Egeland Ltd.'s adjusted trial balance as at July 31, 2016: Prepare a single-step statement of income for the year ended July 31, 2016. Prepare a multi-step statement of income for the year ended July 31, 2016. Determine Egeland's gross margin percentage for the year. If Egeland had 80,000 common shares outstanding throughout the year, determine the earnings per share