Ivanhoe Corporation had income from operations of $6,452,400. In addition, it suffered an unusual and infrequent pretax loss of $786,100 from a volcano eruption, interest revenue of $16,120, and a write-down on buildings of $58,130. The corporations tax rate is 30%. Prepare a partial income statement for Ivanhoe beginning with Income from operations. The corporation had 4,969,400 shares of common stock outstanding during 2017. (Round earnings per share to 2 decimal places, e.g. 1.48.)

IVANHOE CORPORATION Income Statement (Partial)