Reporting on Discontinued Operations-Disposal in Current Year 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 $78,000 cash. The book value of the assets of the Services Division was $90,000. 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 $10,000 incurred by the Services Division prior to August 1 was $200,000. However, the amount of $200,000 does not include any gain or loss from the sale of the discontinued component. There were 30,000 weighted average common shares outstanding during the year. Required Prepare a partial income statement beginning with income from continuing operations. Include the earnings per share disclosures. - Use a negative sign to indicate a loss. - Enter the answers for per share amounts in dollars and cents, rounded to the nearest penny