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The following information is taken from the current year financial statements of Es tion. (Dollar figures and shares of stock are in thousands.) The first

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The following information is taken from the current year financial statements of Es tion. (Dollar figures and shares of stock are in thousands.) The first three items are net per Corpor L012-1, L012-2 PROBLEM 12.9A Format of an Income Statement in Net Loss Situation; EPS od cable income tax. The loss from continuing operations does not include the loss from lawsuit ..$(8,490) $(16,026 6215 Loss from lawsuit (considered unusual and infrequent) . . . . . . . . . . . . . . . . . . Loss from continuing operations Income from discontinued operations . Preferred stock dividend requirements Weighted-average number of shares of common stock outstanding 39,739 Instructions a. Rearrange the items to present in good form the last portion of the income statement for Eper rporation, beginning with "Loss from continuing operations." b. Calculate the amount of net loss per share for the period. (Do not calculate per-share amounts for subtotals, such as income from continuing operations. You are required to compute only a single earnings per share amount.)

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