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Earlyrain Inc.'s 2020 income statement, excluding the earnings per share portion of the statement, was as follows: $44e,eee $ 42,500 55.500 170,eee Revenues Expenses: Depreciation
Earlyrain Inc.'s 2020 income statement, excluding the earnings per share portion of the statement, was as follows: $44e,eee $ 42,500 55.500 170,eee Revenues Expenses: Depreciation Income taxes Other expenses Profit from continuing operations Lass from operating discontinued business segment (net of $16,500 tax benefit) Loss on sale of business segment (net of $9,320 tax benefit) Profit 268,000 $172,000 $ 47,500 23,600 (71, 100) $190, 9ee 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.) Answer is complete but not entirely correct. Profit from continuing operations Loss from discontinued operations Profit Basic $ 100,900.00 0.71 x X $ 1.01
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