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The trial balance of Plano Company included the following accounts as of December 31,2024: ...

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Accounting

The trial balance of Plano Company included the following accounts as of December 31,2024:
Debits Credits
Sales revenue $ 730,000
Interest revenue 62,000
Gain on sale of investments 112,000
Cost of goods sold $ 520,000
Selling expense 148,000
Interest expense 32,000
General and administrative expenses 104,000
Plano had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%.
Required:
Prepare a single-step income statement with earnings per share disclosure.
Note: Round earnings per share answer to 2 decimal places.
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