please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation.

Current Attempt in Progress Sheridan, Inc. has the following data for the year ended December 31, 2025: Net sales $272,200 Loss on discontinued operations 23,800 Cost of goods sold 165,300 Interest expense 4,000 Selling expenses 16.100 Administrative expenses 36,130 The company has average shares of capital stock outstanding of 20.000 for the year and a tax rate of 20% on all items. Prepare a multiple-step income statement for Sheridan, Inc. for the year ended December 31, 2025. (Round earnings per share answers to 2 decimal places, e.g. 5.25.) Sheridan Inc Income Statement V $ V V V to V V V V V V: V V Earnings per share: V