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Pina Corporation had income from continuing operations of $ 10,711,100 in 2017. During 2017, it disposed of its restaurant division at an after-tax loss of
Pina Corporation had income from continuing operations of $ 10,711,100 in 2017. During 2017, it disposed of its restaurant division at an after-tax loss of $194,900. Prior to disposal, the division operated at a loss of $316,900 (net of tax) in 2017 (assume that the disposal of the outstanding during 2017. Prepare a partial income statement for Pina beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.)
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