On August 1, 2020, Fischer Inc. decided to discontinue the operations of its Services Division, which qualifies as a business component. An agreement was formalized to sell this component for $156,000 cash. The book value of the assets of the Services Division was $180,000. The disposal date was August 1, 2020. The income tax rate is 25%, and the accounting year-end is December 31. On December 31, 2020, the pretax income from all operations, including an operating loss of $20,000 incurred by the Services Division prior to August 1, 2020, was $400,000. There were 50,000 weighted average common shares outstanding during 2020. Required Prepare a partial income statement beginning with income from continuing operations. Include the earnings per share disclosures. Use a negative sign to indicate a loss. Round the per share amounts to two decimal places. Discontinued operations Loss on disposal of discontinued componenl, nel of Lax Savings Per share: Loss on disposal of discontinued componenl, nel of Lax Savings