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 30% ). The company had 118,000 common shares issued and outstanding throughout the year, as well as 23,600 shares of $1.20 cumulative preferred shares issued and outstandinn Datnined earnings at December 31,2022 , were $337,800. 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 "Famings per Share" answers to 2 decimal places.) 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.) Lost oi gouas suia Gross profit Selling and administrative expenses Operating profit Other revenues and expenses: \begin{tabular}{|l|l|l|} \hline Discontinued operations: & & \\ \hline Operating profit from discontinued operation & & \\ \hline Loss on sale of discontinued operation. & & \\ \hline & & \\ \hline \end{tabular} Earnings per share of common shares outstanding Prolit from continuing operations Loss from discontinued operations Profit