The Moran Book Company's accounting records include the following for 2018 (in thousands): (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Prepare Moran Book Company's single-step income statement for the year ended December 31, 2018, including earnings per share (EPS). Moran had 1,000,000 shares of common stock and no preferred stock outstanding during the year. (Round earnings per share amounts to the nearest cent.) Moran Book Company Income Statement Year Ended December 31, 2018 (In thousands except per share amounts) Reqquirements Data table Earnings per share (EPS) 1. Prepare Moran Book Company's single-step income statement for the year ended December 31, 2018, including earnings per share (EPS). Moran had 1,000,000 shares of common stock and no preferred stock outstanding during the year. 2. Assume Moran Book Company's income from operations indicates that its core business has steadily increasing by about 10% per year over the past three years and that none of its operations have been discontinued. What does this say about the quality of the company's earnings? Other revenues Income tax expense Sales revenue Total operating expenses Print Done Print Done $ 2,300 6,210 124,000 105,600