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Earlyrain Inc.s 2020 income statement, excluding the earnings per share portion of the statement, was as follows: Revenues $ 400,000 Expenses: Depreciation $ 41,700 Income
Earlyrain Inc.s 2020 income statement, excluding the earnings per share portion of the statement, was as follows: Revenues $ 400,000 Expenses: Depreciation $ 41,700 Income taxes 53,500 Other expenses 166,000 261,200 Profit from continuing operations $ 138,800 Loss from operating discontinued business segment (net of $15,300 tax benefit) $ 45,500 Loss on sale of business segment (net of $8,120 tax benefit) 19,600 (65,100 ) Profit $ 73,700 The weighted-average number of common shares outstanding during the year was 100,000. Present the earnings per share portion of the 2020 income statement. (Round the final answers to 2 decimal places. Loss should be entered with negative sign.)
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