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Problem 2-8 Discontinued operations components held for sale (LO2-5, LO2-6, LO2-8) For 201, Silvertip Construction, Inc, reported income from continuing operations (after tax) of $1,650,000,

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Problem 2-8 Discontinued operations components held for sale (LO2-5, LO2-6, LO2-8) For 201, Silvertip Construction, Inc, reported income from continuing operations (after tax) of $1,650,000, On November 15 , 20X1, the company adopted a plan to dispose of a component of the business. This component qualifies for discontinued operations treatment. During 20X1, the component had pre-tax operating losses of $95,000 The component's assets had a book value of $760,000 on brokerage commission. Management appropriately determines that placed their estimated selling price at $735,000, less a 6% component and complete the sale early in 202 Required: Prepare a panial income statement for Silvertip including EPS disclosures for the year ended December 31,201. Begin at income from continuing operations. Assume a 21% income tax rate and 1,000,000 shares of outstanding common stock. (Round your answers to 2 decimal ploces under "Earnings per share".)

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