Sunland Corp. has $149,080$ shares of common stock outstanding. In $2025,$ the company reports income from continuing operations

before income tax of $$1,217,100.$ Additional transactions not considered in the $$1,217,100$ are as follows.

In $2025,$ Sunland Corp. sold equipment for $$35,600.$ The machine had originally cost $$80,500$ and had accumulated

depreciation of $$34,300.$ The gain or loss is considered non$-$recurring.

The company discontinued operations of one of its subsidiaries during the current year at a loss of $$191,700$ before taxes.

Assume that this transaction meets the criteria for discontinued operations. The loss from operations of the discontinued

subsidiary was $$93,300$ before taxes; the loss from disposal of the subsidiary was $$98,400$ before taxes.

An internal audit discovered that amortization of intangible assets was understated by $$35,300($net of tax$)$ in a prior period.

The amount was charged against retained earnings.

The company recorded a non$-$recurring gain of $$128,000$ on the condemnation of some of its property $($included in the

$$1,217,100.$

Analyze the above information and prepare an income statement for the year $2025,$ starting with income from continuing operations

before income tax. Compute earnings per share as it should be shown on the face of the income statement. $($Assume a total effective

tax rate of $19\%$ on all items, unless otherwise indicated.$)($Round earnings per share to $2$ decimal places, e$.$g$.1\mathrm{.}47.)$

SUNLAND CORP.

Income Statement $($Partial$)$