General Question/Exercise 19-9 EPS/Discontinued Operations The company had a $500,000 of income from continuing operations, paid $60,000 of preferred stock dividends on nonconvertible preferred stock and had a loss of $150,000 on the operations of a discontinued business and a $70,000 gain on the sale of the discontinued operations during the year. If there were 300,000 shares of common stock outstanding for the year, show the earnings per common share would be presented in the company's income statement for the year