Plato Holding Company operates numerous businesses, including motel, auto rental, and real estate companies. 2012 was interesting for Plato, which reported the following on its income statement (in millions):

During 2012, Plato had the following (in millions, except for par value per share):
Common stock, $0.25 par value, 1,000 shares issued ............. $ 250
Treasury stock, 200 shares at cost........................................... (3,600)

Requirement
1. Show how Plato should report earnings per share for 2012.

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Net revenues Total expenses and other. Income from continuing operations Loss from discontinued operations, ..$3,800 3,217 583 net of tax savings.. Income before extraordinary item, net of tax. Extraordinary gain, net of tax (87) 496 4 S 500