The Novak Corporation had income from operations before tax for 2020 of $5 million. In addition, it suffered an unusual and infrequent loss of $1,100,000 from a tornado. Of this amount, $200,000 was insured. In addition, the company realized a loss from the sale of a building amounting to $100,000. The corporation's tax rate is 20%. Prepare a partial income statement for Novak, beginning with income from operations. The corporation had 4 million common shares outstanding during 2020. Include calculation of EPS. (Round per share answer to 2 decimal places, eg, 52.74.) Novak Corporation Partial Statement of Income