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plish Corporation had income from continuing operations of $10,775,400 in 2017. During 2017, it disposed...

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Accounting

plish Corporation had income from continuing operations of $10,775,400 in 2017. During 2017, it disposed of its restaurant division at an after-tax loss of $200,100. Prior to disposal, the division operated at a loss of $321,500 (net of tax) in 2017 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Splish had 10,000,000 shares of common stock outstanding during 2017. Prepare a partial income statement for Splish beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.)

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