Question 1 1 pts USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (8) QUESTIONS: On August 1, 20x1, Desert, Inc. adopted a plan to discontinue its children's clothing division, which qualifies as a component of the business according to GAAP. The disposal of the division was expected to be concluded by March 30, 20x2. On December 31, 20x1, Desert's fiscal year-end, the following information relative to the discontinued operation was accumulated: Operating Income (pre-tax) of the Component for Jan 1 - Dec 31, 20x1 $ 658,000 3,575,000 Net Book Value of the Component at Dec 31, 20x1 Fair Value of the Component (Estimated Selling Price) 3,600,000 Estimated Disposal Costs 120,000 Income Tax Rate 30% Question 6 1.5 pts Using the information presented above, answer the following: Determine EPS for Income from Continuing Operations ('x2) $ Blank4 (Round your answer to the nearest whole cent. Example: if you determine EPS from Cont. Operations to be $6.94724, round your answer to 6.95. If you determine EPS from Cont. Oper to be $6.94321, round your answer to 6.94. Do not use $ signs in recording your answer.)