3. Wilcox Corporation had income from continuing operations of $674,000 (after taxes) in 2025. In addition, the following information, which has not been considered, is as follows. Wilcox decided to discontinue its stereo division in 5 During the current year, the loss on the disposal of this component of the business was $210,000. The tax benefit of this loss was $42,000. Instructions Present the income statement of Wilcox Corporation for 2025 starting with "income from continuing operations." Assume that 200,000 shares of common stock were outstanding during the year. Make sure to show earnings per share. Wilcox Corporation Partial Income Statement For the Year Ended December 31, 2025

3. VVilcox Corporation had income from continuing operations of $674,000 (after taxes) in 2025. In addition, the following information, which has not been considered, is as follows. Wilcox decided to discontinue its stereo division in 5 During the current year, the loss on the disposal of this component of the business was $210,000. The tax benefit of this loss was $42,000. Instructions Present the income statement of Wilcox Corporation for 2025 starting with "income from continuing operations." Assume that 200,000 shares of common stock were outstanding durin the year. Make sure to show earnings per share. Wilcox Corporation Partial Income Statement For the Year Ended December 31, 2025