The following information was taken from the records of Shamrock Inc. for the year 2017: Income tax applicable to income from continuing operations $138,074; income tax applicable to loss on discontinued operations $28,560, and unrealized holding gain on available-for-sale securities (net of tax) $23,800.

Gain on sale of equipment		$98,600		Cash dividends declared		$164,700
Loss on discontinued operations		84,000		Retained earnings January 1, 2017		571,400
Administrative expenses		245,400		Cost of goods sold		919,000
Rent revenue		40,600		Selling expenses		300,400
Loss on write-down of inventory		67,600		Sales Revenue		1,799,300

Shares outstanding during 2017 were 96,300.