Earlyrain Inc.s 2014 income statement, excluding the earnings per share portion of the statement, was as follows:

Earlyrain Inc.’s 2014 income statement, excluding the earnings per share portion of the statement, was as follows:

The weighted-average number of common shares outstanding during the year was 100,000. Present the earnings per share portion of the 2014 income statement (round EPS calculations to two decimalplaces).

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$380,000 Expenses $ 41,520 52,080 Depreciation. Other expenses Income from continuing operations Loss from operating discontinued business segment 164,000 257,600 $122,400 (net of $18,800 tax benefit) Loss on sale of business segment (net of $7,520 tax benefit)...... Net income.... S 44,800 17,600 (62,400) $60,000