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Swifty Corporation had income from continuing operations of $10,826,400 in 2025. During 2025, it disposed of its restaurant division at an after-tax loss of

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Swifty Corporation had income from continuing operations of $10,826,400 in 2025. During 2025, it disposed of its restaurant division at an after-tax loss of $190,800. Prior to disposal, the division operated at a loss of $320,500 (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Swifty had 10,000,000 shares of common stock outstanding during 2025. Prepare a partial income statement for Swifty beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.) Income from Continuing Operations Discontinued Operations SWIFTY CORPORATION Income Statement (Partial) December 31, 2025 Loss from Operations of Discontinued Restaurant Division + Loss on Disposal of Restaurant Division Net Income/(Loss) Earnings per Share Income from Continuing Operations Loss on Disposal of Discontinued Operations Net Income/(Loss) Net Income/(Loss) Earnings per Share 69 69 190800 320500 A .05 1.03 GA 10,826.400 511300 10315100 1.08 10315100 1.03

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