The following information was taken from the records of Sandhill Inc. for the year 2017: Income tax applicable to income from continuing operations $200, 192; income tax applicable to loss on discontinued operations $25, 874, and unrealized holding gain on available-for-sale securities (net of tax) $20, 200. Shares outstanding during 2017 were 97, 700. The following information was taken from the records of Sandhill Inc. for the year 2017: Income tax applicable to income from continuing operations $200, 192; income tax applicable to loss on discontinued operations $25, 874, and unrealized holding gain on available-for-sale securities (net of tax) $20, 200. Shares outstanding during 2017 were 97, 700