Income Statement, Lower Portion At the beginning of 2019, Cameron Company's retained earnings was $234,300. For 20:9, Cameron has calculated its pretax income from continuing operations to be $43,800 During 2019, the following events also occurred: 1. During Suly, Cameron sold Division M (a component of the company). It has determined that the pretax income from the operations of Division during 2019 totals $47,800 and that a pretax loss of $48.500 was incurred on the sale of Division M 2. Cameron had 7,000 shares of common stock outstanding during all of 2019. declared and paid a $1 per share cash dividend on this stock Required: Assumed that all the pretax items are subject to a 30% income tac race 3. Complete the lower portion of Cameron's 2019 income statement, beginning with "Pretax Income from Continuing Operations." Round earnings per share computations to two decimal places. CAMERON COMPANY Partial Income Statement For Year Ended December 31, 2019 Pretax income from continuing operations Income tax expense Loss on sale of Division Mnet of income tax credit) X Results from discontinued operations Components of income EPS Income Statement, Lower Portion At the beginning of 2019, Cameron Company's retained earnings was $234,300. For 20:9, Cameron has calculated its pretax income from continuing operations to be $43,800 During 2019, the following events also occurred: 1. During Suly, Cameron sold Division M (a component of the company). It has determined that the pretax income from the operations of Division during 2019 totals $47,800 and that a pretax loss of $48.500 was incurred on the sale of Division M 2. Cameron had 7,000 shares of common stock outstanding during all of 2019. declared and paid a $1 per share cash dividend on this stock Required: Assumed that all the pretax items are subject to a 30% income tac race 3. Complete the lower portion of Cameron's 2019 income statement, beginning with "Pretax Income from Continuing Operations." Round earnings per share computations to two decimal places. CAMERON COMPANY Partial Income Statement For Year Ended December 31, 2019 Pretax income from continuing operations Income tax expense Loss on sale of Division Mnet of income tax credit) X Results from discontinued operations Components of income EPS