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The 2020 income statement of Sage Company showed net income of $667,200 including a gain from discontinued operations of $58,080. Sage had 48,000 shares of
The 2020 income statement of Sage Company showed net income of $667,200 including a gain from discontinued operations of $58,080. Sage had 48,000 shares of common stock outstanding all year. Prepare Sage's income statement presentation of basic earnings per share. Enter all numbers to the nearest cent (for example 5.6 should be entered as 5.60 and 5.595 should be entered as 5.60).
Basic Earnings per Share
Income Before Discontinued Operations $
Gain from Discontinued Operations $
Net Income $
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