The trial balance of Lakewood Inc. included the following accounts as of December 31, 2021: Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expense Loss on inventory write-down Interest expense General and administrative expense Debits Credits 1,900,000 82,000 52,000 1,180,000 230,000 32,000 42,000 152,000 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 25%. Required: Prepare a multiple-step income statement with earnings per share disclosure. (Amounts to be deducted should be indicated with a minus sign. Round Earnings per share answer to 2 decimal places.) LAKEWOOD INC. Income Statement For the Year Ended December 31, 2021 Sales revenue Cost of goods sold Gross profit Operating expenses: Selling expense General and administrative expense Total operating expenses Operating income Other income (expense) Total other income, net Income before income taxes. Net income (loss) Earnings per share $ 1,900,000 (1,180,000) 0 0 0