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Earnings per Share Mangold Corporation reported income from continuing operations of $76,800 and loss from discontinuing a segment (net of taxes) of $6,400 for the

Earnings per Share

Mangold Corporation reported income from continuing operations of $76,800 and loss from discontinuing a segment (net of taxes) of $6,400 for the current year. Mangold had 80,000 common shares outstanding for the entire year.

Show how Mangold would report its earnings per share for the current year. Round your answers to the nearest cent.

MANGOLD CORPORATION
Income Statement (Partial)
For Year Ended December 31, Current Year
Components of Income EPS
Income from continuing operations $
Loss from discontinued operations $
Net income $

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