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Presented below is financial information of the Cullumber Corporation for 2020. Gain on the sale of investments 464,000 Net sales 130,500,000 Cost of goods sold

Presented below is financial information of the Cullumber Corporation for 2020.

Gain on the sale of investments 464,000
Net sales 130,500,000
Cost of goods sold 89,900,000
Loss on disposal of wholesale division 1,943,000
Interest revenue 304,500
Loss on operations of wholesale division 2,001,000
Selling and administrative expenses 23,780,000
Dividends declared on common stock 986,000
Write off of goodwill 2,262,000
Dividends declared on preferred stock 348,000
Effective tax rate on all items is 30%

Cullumber Corporation decided to discontinue its wholesale operations and to retain their manufacturing operations. On July 1, Cullumber sold the wholesale operations. During 2020, there were 1,000,000 shares of common stock outstanding all year. Compute each of the following. (Round earnings per share answer to 2 decimal places, e.g. 5.25 and all other answers to 0 decimal places, e.g. 5,275.)

1. Income from operations $
2. Income before income tax $
3. Income from continuing operations $
4. Net income $
5. Earnings per share

$

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