Stellar Corporation had income from operations of $6,545,900. In addition, it suffered an unusual and infrequent pretax loss of $774,400 from a volcano eruption, interest revenue of $15,400, and a write-down on buildings of $52,510. The corporations tax rate is 30%. Prepare a partial income statement for Stellar beginning with Income from operations. The corporation had 4,979,700 shares of common stock outstanding during 2017. (Round earnings per share to 2 decimal places, e.g. 1.48.)

Stellar Corporation had income from operations of $6,545,900. In addition, it suffered an unusual and infrequent pretax loss of $774,400 from a volcano eruption, interest revenue of $15,400, and a write-down on buildings of $52,510. The corporation's tax rate is 30%. Prepare a partial income statement for Stellar beginning with Income from operations. The corporation had 4,979,700 shares of common stock outstanding during 2017. (Round earnings per share to 2 decimal places, e.g. 1.48.) STELLAR CORPORATION Income Statement (Partial) For the Year Ended December 31, 2017 Income From Operations 6545900 Other Revenues and Gains Interest Revenue 15400 6561300 Other Expenses and Losses # Loss due to Volcano Eruption 774,400 Impairment Loss Building 52510 Income Before Income Tax 826910 Income Tax 5734390 Income From Operations 6545900 Other Revenues and Gains Interest Revenue 15400 6561300 Other Expenses and Losses Loss due to Volcano Eruption 774,400 Impairment Loss - Building 52510 Income Before Income Tax 826910 Income Tax 5734390 Net income (Loss) 5734390 Net income (Loss) Per Share Common Stock