The partial trial balance of Lakewood Inc. included the following accounts as of December 31, 2018:

	Debits		Credits
Sales revenue			1,600,000
Interest revenue			76,000
Gain on sale of investments			46,000
Cost of goods sold	940,000
Selling expenses	200,000
Write-off of obsolete equipment	26,000
Interest expense	36,000
General and administrative expenses	46,000

Lakewood Inc. had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 30%. Required:

Prepare a single-step income statement with earnings per share disclosure. (Round EPS answer to 2 decimal places.)