Reporting on Discontinued Operations-Disposal in Current Year The book value of the assets of the Services Oivinin was 5288,000 . The disposal date was August 1 . The income tax rate is 25 is and the accountifg year end is Decentber 31 , On December 31 , the pattax income from all operations, including an operatirg loss of $32,000 incurred by the Services Divisoo prioc to Augh 1 was 1640,000 . Hiowever, the amount of 5640,000 does nok ind Vide anf gain or iloss from the sale of the discontinued compohent There were 100,600 weighted werage comimon shares ovestanding ofuing the year? Required Prepare a partial income statement beginning with ntome from contiruing operations. Include the earnings per share docklosures. - Use a negative sign to indicate a less. - Friter the answers for per shere amounts in dolles and cents rounded to the nearest penny Discontinued operations Income before income taxes Loss on disposal of discontinued component, net of tax savings Net income Impairment loss on discontinued component, net of tax savings Income before income taxes. Income from continuing operations Income from discontinued component, net of tax Income tax expense Loss from continuing operations Loss from discontinued component, net of tax savings Net income