How come when calculating the income operating expense before tax you dont subtract the 115,000 for disposal of division? Also need a break down on the calculation for earnings per share.

ko P4-3 (L03,4,5) EXCEL GROUPWORK (Various Income-Related Items) Maher Inc. reported income from continuing aperations before taxes during 2017 of $790,000. Additional transactions occurring in 2017 but not considered in the $790,000 are as follows. 1. The corporation experienced an uninsured flood loss in the amount of $90,000 during the year 2. At the beginning of 2015, the corporation purchased a machine for $54,000 (salvage value of $9,000) that had a useful life of 6 years. The bookkeeper used straight-line depreciation for 2015, 2016, and 2017, but failed to deduct the salvage value in computing the depreciation base