The following information was taken from the records of Meenie Motorsports, Inc. at November $30,2025$:

View the data.

Prepare a multi$-$step income statement for Meenie Motorsports, Inc. for the fiscal year ended November $30,2025.$ Include earnings per share.

Complete the income statement in this step, and then identify and enter the applicable EPS amounts in the following step. $($Round all earnings per share amounts to the nearest cent

Meenie Motorsports, Inc.

Income Statement

Year Ended November $30,2025$

Data

$\backslash$table$[[$Selling Expenses,$$,145,000,$Common Stock, $$18$ Par Value,,$$,],[$Administrative Expenses,,$155,000,17,000$ shares authorized and issued,$306,000],[$Income From Discontinued Operations,,$4,000,$Preferred Stock, $$1$ No$-$Par Value,,$],[$Cost of Goods Sold,,$510,000,4,000$ shares issued,$200,000],[$Treasury Stock$-$Common $(9,000$ shares$),,171,000,$Income Tax Expense: Continuing Operations,$60,000],[$Net Sales Revenue,,$897,600,$Income Tax Expense: Income from,$],[,.,$Discontinued Operations,$1,600]]$