On August $1,$ 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 $$468,000$ cash. The book value of the assets of the Services Division was $$540,000.$ The disposal date was August $1.$ The income tax rate is $25\%,$ and the accounting year$-$end is

December $31.$ On December $31,$ the pretax income from all operations, including an operating loss of $$60,000$ incurred by the Services Division prior to August $1$ was $$1,200,000.$

However, the amount of $$1,200,000$ does not include any gain or loss from the sale of the discontinued component. There were $100,000$ weighted average common shares outstanding

during the year.

Required

Prepare a partial income statement beginning with

Use a negative sign to indicate a loss.

Enter the answers for per share amounts in dollars and cents, rounded to the nearest penny.