Exercise 109 Hendrick, Inc. has the following data for the year ended December 31, 2017: $270,000 Net sales Discontinued operations loss 20,000 Cost of goods sold 165,000 Interest expense 3,000 15,000 Selling expenses 35,000 Administrative expenses Shares of capital stock outstanding, 10,000 Tax rate of 30% on all items Prepare a multiple-step income statement for Hendrick, Inc. for the year ended December 31, 2017. (Round earnings per share answers to 2 decimal places, e.g. 5.25.)