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The following information was taken from the records of Blossom Inc. for the year 2025 : Income tax applicable to income from continuing operations $231,880,
The following information was taken from the records of Blossom Inc. for the year 2025 : Income tax applicable to income from continuing operations $231,880, income tax applicable to loss on discontinued operations $31,620, and unrealized holding gain on available-for-sale debt securities (net of tax) $18,600. Shares outstanding during 2025 were 100,000 . (a) Prepare a single-step income statement (with respect to items in Income from operations). (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses)
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