The following items were taken from the adjusted trial balance of the Bremeur Corp. on 21 December 20X5. Assume an average 20% income tax on all items (including the divestiture loss). The accounting period ends 31 December. All amounts given are pre-tax and subject to the same income tax rate. Bremeur had 28,000 shares outstanding at the beginning of the year. On 31 August 20X5, an additional 9,000 shares were issued; at the end of 20X5, 37,000 shares were outstanding.

*** I have the answers, I'm just having trouble with finding "Loss from discontinued operations". I'm not sure how they got this number. Can someone help and show step-by-step solution on how to get that amount? Thank you! ****

Sales revenue from continuing operations Revenue in business segment being discontinued Rent revenue Interest revenue Gain on sale of investments Distribution expenses General and administrative expenses Operating expenses in business segment being discontinued Interest expense Depreciation and amortization Settlement of legal claim agains the company Asset impairments, discontinued operation Cost of goods sold $742,700 94,000 4,300 1,850 3,900 155,000 129,000 87,500 3,400 7,900 11,900 13,900 349,000 Required: 1. Prepare a single-step income statement. (Round "Earnings per share" answers to 2 decimal places. Loss amounts should be indicated by a minus sign.) BREMEUR CORPORATION Income Statement For Year Ended 31 December 20X5 (in Canadian dollars) Revenues and gains: Sales revenue $ Rent revenue 742,700 4,300 1,850 Interest revenue Gain on sale of investments 3,900 $ 752,750 $ Total revenues and gains Expenses: Cost of goods sold Distribution expenses General and administrative expenses Interest expense Depreciation and amortization Settlement of legal claim against the company Income tax expense 349,000 155,000 129,000 3,400 7,900 11,900 19,310 $ Total expenses Income before discontinued operation Loss from discontinued operations 675,510 77,240 (5,920) $ 71,320 Net income Earnings per share: Continuing operation EPS Discontinued operation EPS Total earnings per share $ 2.49 (0.19) 2.30 $