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Plano Co. 12/31/2021 Partial Trial Balance Data Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expense Interest expense General and administrative expenses Debits Credits 790,000 86,000 116,000 560.000 144.000 36,000 112,000 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 multiple-step income statement with earnings per share disclosure. (Amounts to be deducted should be indicated with a minus sign. Round Earnings per share answer to 2 decimal places.) PLANO CO. Income Statement For the Year Ended December 31, 2021 3 Gross profit Operating expenses Total operating expenses Operating income (loss) Other income (expense) Total other income, net locome before income taxes