Blossom Corporation decided to discontinue its wholesale operations and to retain their manufacturing operations. On July 1, the Blossom sold the wholesale operations. Duro

er/timed/assess Current Atempt in Progress Presented below is financial information of the Blossom Corporation for 2020. Gain on the sale of investments 256,000 Net sales 72,000,000 Cost of goods sold 49,600,000 Loss on disposal of wholesale division 1,072,000 Interest revenue 168,000 Loss on operations of wholesale division 1,104,000 Selling and administrative expenses 13,120,000 Dividends declared on common stock 544,000 Write off of goodwill 1,248,000 Dividends declared on preferred stock 192,000 Effective tax rate on all items is 30% Blossom Corporation decided to discontinue its wholesale operations and to retain their manufacturing operatio Compute each of the following. (Round earnings per share answer to 2 decimal places, eg. 5.25 and all other answer 1. Income from operations 2. Income before income tax $ 3. Income from continuing operations $ 4. Net income S 5. Earnings per share $