Income Statement, Lower Portion At the beginning of 2016, Cameron Company's retained earnings was $244,600. For 2016, Cameron has calculated its pretax income from continuing operations to be $126,000. During 2016, the following events also occurred: 1. During July, Cameron sold Division M (a component of the company). It has determined that the pretax income from the operations of Division M during 2016 totals $40,300 and that a pretax loss of $41,200 was incurred on the sale of Division M. 2. Cameron had 21,000 shares of common stock outstanding during all of 2016. It declared and paid a $1 per share cash dividend on this stock. Required: Assuming that all the "pretax" items are subject to a 30% income tax rate: 1. Complete the lower portion of Cameron Company's 2016 income statement, beginning with "Pretax Income from Continuing Operations." Round earnings per share computations to two decimal places.