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The following are partial income statement account balances taken from the December 31, 2024, year-end trial balance of White and Sons, Incorporated: restructuring costs, $500,000;

The following are partial income statement account balances taken from the December 31, 2024, year-end trial balance of White and Sons, Incorporated: restructuring costs, $500,000; interest revenue, $60,000, before-tax loss on discontinued operations, $600,000; and loss on sale of investments, $70,000. Income tax expense has not yet been recorded. The income tax rate is 25%. Prepare the lower portion of the 2024 income statement beginning with $900,000 income from continuing operations before income taxes. Include appropriate EPS disclosures. The company had 100,000 shares of common stock outstanding throughout the year. Note: Loss amounts should be indicated with a minus sign. Round "EPS" answers to 2 decimal places. WHITE AND SONS, INCORPORATED Partial Income Statement For the Year Ended December 31, 2024 Income from continuing operations before income taxes Income from continuing operations Earnings per share
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The following are partial income statement account balances taken from the December 31, 2024, year-end trial balance of White and Sons, Incorporated restructuring costs, $500,000, interest revenue, $60,000, before-tax loss on discontinued operations, $600,000; and loss on sale of investments, $70,000 income tax expense has not yet been recorded. The income tax rate is 25% Prepare the lower portion of the 2024 income statement beginning with $900,000 income from continuing operations before income taxes Include approprate EPS disclosures. The company had 100,000 shares of common stock outstanding throughout the year Note: Loss amounts should be indicated with a minus sign. Round "EPS" answers to 2 decimal places

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