Waterway Corporation had income from continuing operations of $10,614,900 in 2025. During 2025, it disposed of its restaurant division at an after-tax loss of $191,400. Prior to disposal, the division operated at a loss of $323,500 (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Waterway had 10,000,000 shares of common stock outstanding during 2025. Prepare a partial income statement for Waterway beginning with income from continuing operations. (Round earnings per share to 2 decimal places, eg. 1.48.) WATERWAY CORPORATION Income Statement (Partial) For the Year Ended December 31, 2025 Income from Continuing Operations Discontinued Operations Loss on Disposal of Restaurant Division Loss from Operations of Discontinued Restaurant Division Net Income/(Loss) Earnings per Share Income from Continuing Operations 323.500 191,400 10,614,900 514,900 10,100,000 1.06