Two accountants, Yuan Tsui and Sergio Aragon, are arguing about the merits of presenting an income statement in the multiple-step versus the single-step format. The discussion involves the following 2023 information for S.Sheridan Company (in thousands). Prepare an income statement for the year ended December 31, 2023, using the single-step format. Include calculation of EPS. Include all the steps in the following column or is this wrong, green means right.

Iat. Include calculation of EPS. Iat. Include calculation of EPS