The following information was taken from the records of Jeanie Motorsports, Inc. at November 30, 2025: 

Prepare a multi-step income statement for Jeanie Motorsports, Inc. for the fiscal year ended November 30, 2025. Include earnings per share. 

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Selling Expenses Administrative Expenses Income from Discontinued Operations Cost of Goods Sold Treasury Stock-Common (5,000 shares) Net Sales Revenue $ 105,000 130,000 8,500 470,000 40,000 852,100 Common Stock, $6 Par Value, 39,000 shares authorized and issued Preferred Stock, $4 No-Par Value, 8,000 shares issued Income Tax Expense: Continuing Operations Income Tax Expense: Income from Discontinued Operations $ 234,000 160,000 25,000 3,400