Need help 3-8

2. Castalia Co. has the following: earnings before income tax($675K), discontinued operations loss ($100K), gain on disposal of discontinued net assets ($150K), tax rate (30%), common shares outstanding (250K), and preferred dividends declared (\$50K). Both of the discontinued items are pre-tax. What is the amount of Tax Expense reported on the face of the income statement? 3. For #2, what is income from continuing operations? 4. For #2, what is the amount shown on the income statement for the discontinued operations (only)? 5. For #2, what is net income? 6. For #2, what is the reported EPS number (to the nearest penny) for income from continuing operations? 7. For #2, what is the reported EPS number for the disposal of the discontinued net assets ? 8. For #2, what is the reported EPS number (to the nearest penny) for net income