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Shown below is information relating to operations of Broadway Industries for 2015. Continuing operations: Net sales $6,500,000 Cost and expenses (including income taxes) $5,720,000 Other

Shown below is information relating to operations of Broadway Industries for 2015.

Continuing operations:

Net sales

$6,500,000
Cost and expenses (including income taxes) $5,720,000
Other data:

Current-year profit generated by segment of the business discontinued in May (net of income taxes)

$542,100
Gain on disposal of discontinued segment (net of income taxes) $185,900
Prior-period adjustment (decrease in prior years income net of tax benefit) $347,100
Extraordinary loss (net of income tax benefit) $325,000
Cash dividends declared ($6 per share) $520,000

Complete the income statement for Broadway Industries, including earnings per share figures. Broadway Industries has 100,000 shares of a single class of common stock outstanding throughout the year.

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