XYZ has 150,000 shares of common stock outstanding. In 2019 the company reports income from continuing operations before income tax of $1,210000. Additional transactions not considered in the $1,210,000 are as follows. 1. Sold equipment for a loss of $10,000. The loss is considered non-recurring. 2. The company discontinued operations of a subsidiary during the year at a loss of $190,000 after taxes. The loss from operations of the discontinued subsidiary was $90,000 after taxes and the loss from disposal was $100,000 after taxes. 3. An internal audit discovered that amortization of intangible assets was understated by $35,000 (net of tax) in the prior period. This overstated Nl in the prior year. 4. The company recorded a non-recurring gain of $125,000 on the condemnation of some of its property. Required: Prepare an income statement for the year 2020, starting with the income from continuing operations before income tax. Compute earnings per share as it should be shown on the face of the income statement. (Assume a total effective tax rate of 19% on all items, unless otherwise indicated)