For the year ended December 31, 2020, Bonita Corporation had income before taxes and discontinued operations of $1,020,000. During the year, Bonita disposed of one of its business segments for a gain of $290,000 before tax. Bonita had 50,000 common shares outstanding during the year. The company was subject to a 35% income tax rate. Prepare the income statement for Bonita Corporation beginning with the line Income from continuing operations before income tax." (Round earnings per share values to 2 decimal places, e.g. 15.25.)