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Novak Corporation had income from continuing operations of $10,685,300 in 2025 . During 2025 , it disposed of its restaurant division at an after-tax loss
Novak Corporation had income from continuing operations of $10,685,300 in 2025 . During 2025 , it disposed of its restaurant division at an after-tax loss of $207,200. Prior to disposal, the division operated at a loss of $315,300 (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Novak had 10,000,000 shares of common stock outstanding during 2025. Prepare a partial income statement for Novak beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.)
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