The income statement for Weatherford International Inc.s year ended December 31, 2023, was prepared by an inexperienced bookkeeper. As the new accountant, your immediate priority is to correct the statement. All amounts included in the statement are before tax (assume a rate of 40%). The company had 105,000 common shares issued and outstanding throughout the year, as well as 21,000 shares of $1.20 cumulative preferred shares issued and outstanding. Retained earnings at December 31, 2022, were $331,300. Weatherford International Inc. Income Statement December 31, 2023 Revenues: Sales $ 1,164,500 Gain on sale of equipment 14,900 Interest income 6,820 Gain on sale of plant 142,100 Operating profit on discontinued operation 29,290 $ 1,357,610 Expenses: Cost of goods sold $ 353,000 Selling and administrative expenses 182,500 Sales discounts 12,010 Loss on sale of discontinued operation 36,500 Dividends 125,000 709,010 Profit $ 648,600 Earnings per share $ 6.18 Required: Prepare a corrected income statement, including earnings per share information. (Negative answers should be indicated by a minus sign in the other revenues and expenses section and the discontinued operations section. Round the "Earnings per Share" answers to 2 decimal places.