4. (5 points) The following information was taken from the records of Carla Inc. for the year 2017: Income tax applicable to income from continuing operations $243,338 and income tax applicable to loss on discontinued operations $28,900. Gain on sale of equipment $95,300 Preferred Stock dividends $22,200 Loss on discontinued operations 85,000 Retained earnings January 1, 2017 651,900 Administrative expenses 240,100 Cost of goods sold 784,300 Rent revenue 43,400 Selling expenses 320,100 Loss on write-down of inventory 67,700 Sales Revenue 1,989,200 Shares outstanding during 2017 were 96,000. Required: a. Calculate earnings per share for income from continuing operations b. Calculate earnings per share for discontinued operations c. Calculate earnings per share for net income

4. (5 points) The following information was taken from the records of Carla Inc. for the year 2017: Income tax applicable to income from continuing operations $243,338 and income tax applicable to loss on discontinued operations $28,900. Preferred Stock dividends Gain on sale of equipment Loss on discontinued operations $95,300 85,000 240,100 Retained earnings January 1, 2017 Cost of goods sold Administrative expenses $22,200 651,900 784,300 320,100 1,989,200 Rent revenue Loss on write-down of inventory 43,400 67,700_ Selling expenses Sales Revenue = Shares outstanding during 2017 were 96,000. Required: oso Calculate earnings per share for income from continuing operations Calculate earnings per share for discontinued operations Calculate earnings per share for net income