Account Title				Balance
Accounts Payable				$115,000
Accounts Receivable				95,000
Accumulated Depreciation				50,000
Bank Loan				40,000
Bonds Payable
Cash				47,165
Common Shares
Cost of Goods Sold				310,500
Depreciation Expense				25,000
Discount on Bonds
Gain on Fair Value Adjustment
Insurance Expense				2,000
Interest Expense				2,000
Interest Payable
Interest Revenue
Inventory				60,000
Investment in Associate - Gregor Inc.
Long-Term Investment - Bond
Loss on Fair Value Adjustment
Loss from Discontinued Operations				(14,700)
Maintenance Expense				9,000
Preferred Shares
Premium on Bonds
Prepaid Insurance				16,000
Professional Fees Expense				6,600
Property, Plant & Equipment				240,000
Rent Expense				38,000
Revenue from Investment in Associate
Salaries Expense				75,000
Sales Discounts				8,000
Sales Returns and Allowances				10,000
Sales Revenue				690,000
Short-Term Investment - Daenerys Inc.
Telephone Expense				4,000
Travel Expense				16,700
Unearned Revenue				88,230

Notes:
The bank loan is payable over 8 years and $5,000 will be paid by December 31, 2021.
Prepare a multistep income statement for the year ending December 31, 2020. Round answers to the nearest whole number.

Holister Electric Inc.
Income Statement
For the Year Ended December 31, 2020

Calculate the earnings per share for i) Income from Continuing Operations, ii) income from Discontinued Operations and iii) Net Income.