Faccone Academy Surplus had 60,000 shares of common stock and 9,000 shares of 20%, $15 par value preferred stock outstanding through December 31, 2024. Income from continuing operations for 2024 was $711,000, and loss on discontinued operations (net of income tax saving) was $36,000. Compute Faccone's earnings per share for 2024, starting with income from continuing operations. Round to the nearest cent. (Enter all EPS amounts to the nearest cent, $X.XX. Use parentheses or a minus sign for amounts reducing the income from continuing operations.) Begin by selecting the formula to compute the earnings per share. Earnings per share = (Net income - Preferred dividends) - Weighted average number of common shares outstanding Now, compute Faccone's earnings per share for 2024, starting with income from continuing operations. Earnings per Share of Common Stock (60,000 shares outstanding): Income From Continuing Operations Loss From Discontinued Operations Net Income