Apex Inc. reports the following for a recent year: Income from continuing operations before income tax Loss from discontinued operations Weighted average number of shares outstanding Applicable tax rate $1,380,000 $225,000 10,000 40% *Net of any tax effect Labels and Amount Descriptions Cost of merchandise sold Discontinued operations Extraordinary item Gain due to hurricane Gain on discontinued operations Gross profit Income before extraordinary item Income from continuing operations Income from continuing operations before income tax Income tax expense Loss due to hurricane Loss from discontinued operations Loss on discontinued operations Net income Net loss Retained earnings Sales Selling and administrative expenses A. Prepare a partial income statement for Apex Inc., beginning with income from continuing operations before income tax. Refer to the list of Labels and Amount wording of the answer choices for text entries. Enter all amounts as positive numbers. Apex Inc. Partial Income Statement For the Year Ended December 31 3 3. Determine the earnings per common share for Apex Inc., including per-share amounts for unusual items. Refer to the list of Labels and Ar answer choices for text entries. Enter all amounts as positive numbers. Round your answers to two decimal places. Apex Inc. Partial Income Statement For the Year Ended December 31 1 Earnings per common share: 2 3