Please answer a multiple step income statement, 20% tax rate and 19,800 shares outstanding.

Presented below is information that relates to Sandhill Limited for 2023 : Additional information: 1. Early in 2023 , Sandhill changed depreciation methods for its plant assets from the double-declining-balance to the straightline method. The affected assets were purchased at the beginning of 2018 for $198,000, had no residual value, and had useful lives of 10 years. Depreciation expense of $19,800 is included in the selling and administrative expenses of $287,100. 2. On September 1,2023 , Sandhill sold one of its segments (product line) to Best Industries for a gain (pre-tax) of $544,500. During the period January 1 to August 31, the discontinued segment incurred an operating loss (pre-tax) of $475,200. This loss is not included in any of the numbers shown above. 3. Included in selling and administrative expenses are credit losses of $18,810. Sandhill bases its credit losses upon a percentage of sales. In 2021 and 2022 , the percentage was 0.50%.ln2023, the percentage was changed to 1%. In good form, prepare a multiple-step income statement for 2023. Assume a 20\% income tax rate and that 19,800 common shares were outstanding during the year. (Round earnings per share answers to 2 decimal places, e.g. 5.75.) Presented below is information that relates to Sandhill Limited for 2023 : Additional information: 1. Early in 2023 , Sandhill changed depreciation methods for its plant assets from the double-declining-balance to the straightline method. The affected assets were purchased at the beginning of 2018 for $198,000, had no residual value, and had useful lives of 10 years. Depreciation expense of $19,800 is included in the selling and administrative expenses of $287,100. 2. On September 1,2023 , Sandhill sold one of its segments (product line) to Best Industries for a gain (pre-tax) of $544,500. During the period January 1 to August 31, the discontinued segment incurred an operating loss (pre-tax) of $475,200. This loss is not included in any of the numbers shown above. 3. Included in selling and administrative expenses are credit losses of $18,810. Sandhill bases its credit losses upon a percentage of sales. In 2021 and 2022 , the percentage was 0.50%.ln2023, the percentage was changed to 1%. In good form, prepare a multiple-step income statement for 2023. Assume a 20\% income tax rate and that 19,800 common shares were outstanding during the year. (Round earnings per share answers to 2 decimal places, e.g. 5.75.)