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Identify the subtotals that would be reported on the income statement(including the amounts) for Rita Company's earnings per share (EPS) based on the following data.Rita

Identify the subtotals that would be reported on the income statement(including the amounts) for Rita Company's earnings per share (EPS) based on the following data.Rita Company had 100,000 shares of common stock outstanding.

Sales475,000

Cost of goods sold180,000

Operating expenses120,000

Gain from discontinued operations20,000

Income tax rate is 20%

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