A demonstration of how to complete this question would be greatly appreciated.

Eastern Aviation operated both an airline and several restaurants located near airports. During the year just ended, all restaurant perations were discontinued and the following operating results were reported. All of these amounts are before income taxes unless indicated otherwise. The company's income tax rate is 40 percent. The ionrecurring loss resulted from damage to a warehouse that is not related to the discontinued restaurant operations. Eastern Aviation ad 1,000,000 shares of capital stock outstanding throughout the year. Required: . Prepare a condensed income statement, including proper presentation of the discontinued restaurant operations and the tonrecurring loss. Include all appropriate earnings per share figures. D. Assume that you expect the profitability of Eastern Aviation operations to decline by 5 percent next year. What is your estimate of he company's net earnings per share next year? Prepare a condensed income statement, including proper presentation of the discontinued restaurant operations and the Complete this question by entering your answers in the tabs below. Assume that you expect the profitability of Eastern Aviation operations to decline by 5 percent next year. What is your estimate of the company's net earnings per share next year? (Round your intermediate calculations and final answer to 2 decimal places.)