Current Attempt in Progress Your answer is partially correct. Bramble Corp. has 149,750 shares of common stock outstanding. In 2025, the company reports income from continuing operations before income tax of $1.213,100. Additional transactions not considered in the $1,213,100 are as follows. 1. In 2025, Bramble Corp. sold equipment for $37,200. The machine had originally cost $83,400 and had accumulated depreciation of $32,300. The gain or loss is considered non-recurring. 2. 3. 4. The company discontinued operations of one of its subsidiaries during the current year at a loss of $191,200 before taxes. Assume that this transaction meets the criteria for discontinued operations. The loss from operations of the discontinued subsidiary was $92,400 before taxes; the loss from disposal of the subsidiary was $98,800 before taxes. An internal audit discovered that amortization of intangible assets was understated by $38,900 (net of tax) in a prior period. The amount was charged against retained earnings. The company recorded a non-recurring gain of $127,400 on the condemnation of some of its property (included in the $1,213,100). Analyze the above information and prepare an income statement for the year 2025, starting with income from continuing operations before income tax. Compute earnings per share as it should be shown on the face of the income statement. (Assume a total effective tax rate of 19% on all items, unless otherwise indicated.) (Round earnings per share to 2 decimal places, e.g. 1.47.) BRAMBLE CORP. Income Statement (Partial) For the Year Ended December 31, 2025 Income before Income Tax Income Tax Income from Continuing Operations Discontinued Operations Loss from Operations of Discontinued Subsidiary 74844 i Loss from Disposal of Subsidiary 844021 Net Income/(Loss) Earnings per Share Loss from Operations of Discontinued Subsidiary Loss on Disposal of Discontinued Operations Income from Continuing Operations Net Income/(Loss) SA SA 1199200 227848 9713521 159246 812106 1.06 1.06 6.49 6.11