Current Attempt in Progress

Concord Corporation had income from continuing operations of $$10,691,500$ in $2025.$ During $2025,$ it disposed of its restaurant

division at an after$-$tax loss of $$203,300.$ Prior to disposal, the division operated at a loss of $$316,500($net of tax$)$ in $2025($assume that

the disposal of the restaurant division meets the criteria for recognition as a discontinued operation$).$ Concord had $10,000,000$ shares

of common stock outstanding during $2025.$ Prepare a partial income statement for Concord beginning with income from continuing

operations. $($Round earnings per share to $2$ decimal places, e$.$g$.1\mathrm{.}48.)$

CONCORD CORPORATION

Income Statement $($Partial$)$

For the Year Ended December $31,2025$