For the year ended December 31, 2023, Crane Corporation had income before taxes and discontinued operations of $1,160,000. During the year, Crane disposed of one of its business segments for a gain of $280,000 before tax. Crane had 50,000 common shares outstanding during the year. The company was subject to a 30% income tax rate. Prepare the income statement for Crane 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.)