Return to the TST data in Short Exercise S15A-13. TST had 8,000 shares of common stock outstanding during 2016. TST declared and paid preferred dividends of $4,000 during 2016. Show how TST reports EPS data on its 2016 income statement.

Other Revenues and (Expenses) Net Sales Gain on Discontinued Operations (10,000 Extraordinary Loss 266,000 Cost of Goods Sold 16,600 79,000 65,000 34,500 Operating Expenses