Flemmons Company had income from continuing operations of $$400,000$ in $201.$ Dividends of $$42,000$ and $$10,000$ were paid to

common and preferred stockholders, respectively. Flemmons had weighted$-$average common shares outstanding of $100,00$ b$$or $20$X$1.$

During $20$X$1,$ Flemmons sold one segment of its business and recorded a loss on the sale of $$30,000.$ Prior to the sale, the segment

generated income of $$120,000.$ The company's tax rate is $20\%.$

What of the following would Flemmons report as a component of earnings per share in $20$X$1?$

Income from operations of discontinued segment, $$0\mathrm{.}24$

Gain on Discontinued Operations, $$\mathrm{.}90$

Income from Continuing Operations, $$4\mathrm{.}10$

Income from Operations of Discontinued Division, net of tax, $$\mathrm{.}12$