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Sheridan Corporation had income from continuing operations of $10,744,100 in 2025 . During 2025 , it disposed of its restaurant division at an after-tax loss
Sheridan Corporation had income from continuing operations of $10,744,100 in 2025 . During 2025 , it disposed of its restaurant division at an after-tax loss of $199,000. Prior to disposal, the division operated at a loss of $324,200 (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Sheridan had 10,000,000 shares of common stock outstanding during 2025. Prepare a partial income statement for Sheridan beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.) Earnings per Share \begin{tabular}{ll|} \hline Income from Continuing Operations & \\ \hline \end{tabular} 1.07 Loss on Disposal of Discontinued Operations $0.02 \begin{tabular}{|l|l|} \hline 0.03 \\ i \\ \hline \end{tabular}
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