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 35\%). The company had 104,000 common shares issued and outstanding throughout the year, as well as 20,800 shares of $1.20 cumulative preferred shares issued and outstanding. Retained earnings at December 31,2022 , were $330,800. 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.) \begin{tabular}{|l|l|l|} \hline & & \\ \hline Discontinued operations: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|} \hline \multicolumn{2}{|c|}{ Earnings per share of common shares outstanding } \\ \hline Profit from continuing operations \\ \hline Loss from discontinued operations \\ \hline Profit \\ \hline \end{tabular}