+ Chapter 3 Homework Question 3 of 9 0.5/1 Sunland Corporation had income from continuing operations of $10,863,600 in 2025. During 2025, it disposed of its restaurant division at an after-tax loss of $207,500. Prior to disposal, the division operated at a loss of $325,000 (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Sunland had 10,000,000 shares of common stock outstanding during 2025. Prepare a partial income statement for Sunland beginning with income from continuing operations. (Round earnings per share to 2 decimal places, eg 1.48) SUNLAND CORPORATION Income Statement (Partial) A V A 10.663,600 Qu ALE For the Year Ended December 31.2025 Income from Continuing Operations Discontinued Operations Loss from Operations of Discontinued Restaurant Division $ 325,000 Loss on Dispersal of Restaurant Division 207500 532500 A Net nee/Band 160 Q W S A N 3 X option command E 4 R JEN % 10 5 T 10 6 Y NP D F G H C > Qu ALCH Que Accou Ques Accout 10.331.100 Quest C st B 9 K B N M