Question
Earlyrain Inc's 2023 income statement, excluding the earnings per share portion of the statement, was as follows: Revenues Expenses: Depreciation Income taxes Other expenses
Earlyrain Inc's 2023 income statement, excluding the earnings per share portion of the statement, was as follows: Revenues Expenses: Depreciation Income taxes Other expenses Profit from continuing operations. Loss from operating discontinued business segment (net of $19,500 tax benefit) Loss on sale of business segment (net of $12,320 tax benefit) $540,000 $ 44,500 60,500 100,000 285,000 $255,000 $ 52,500 33,600 (86,100) $168,900 Profit The weighted average number of common shares outstanding during the year was 100,000. Present the earnings per share portion of the 2023 income statement (Round the final answers to 2 decimal places. Loss should be entered with negative sign.) Profit from continuing operations Loss from discontinued operations Basic Profit
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