SSanD Oa August 1,2018, Juarez Corporation adopted a plan to discontinue its catalog sales division, which qualifies as a separate component of the business according to GAAP regarding discontin operations. The disposal of the division was expected to be concluded by June 30, 2019. On Janu 31,2019, Jwarez's fiscal year-end, the following information relative to the discontinued division was provided: Operatiing loss Feb. 1.2018 to lan. 31, 2019 $400,000 100,000 Estimated operating lovses, Feb. 1 to June 30, 2019 Excess of bock value over fair value less cost to sell of assets at Jan. 31, 2019 60,000 eater's income tax tale is 35%. In its income statement for die year e would report inconve (loss) on discominued operations of ended January 31, 2019, Juarez A. 5299,800. B. 9221000) C. 5221,000 D. 5(621,000). E. $299000) 2. Old Ironsides of the year the Prepaid Insurance accoum had an ending debit balance of 5e0,000. Old side paid for Insarance? expensed 517,000 fcr srance Expense during the year, how mach cash was A. $12.000 B, $17,000 C. $22,000 D. $58,000 E. $92,000 3. The McKelligon Corporation reported net income of 5750,000 for the fiscal year ended December 31, 2018. Preferred stock dividesds declared during the year were $100,000. McKelligon had one million shares of common stock outstanding at the beginning of the year, and issued an additional 250,000 shares on July 31, 2018. What is McKelligon's hanic EPS for 2018 A. S0.52. B. S0.59 .so 68. D. 50.77 E. $2.60