The Esposito Import Company had 1 million shares of common stock outstanding during 2024. Its income statement

Question:

The Esposito Import Company had 1 million shares of common stock outstanding during 2024. Its income statement reported the following items: income from continuing operations, $5 million; loss from discontinued operations, $1.6 million. All of these amounts are net of tax.


Required:
Prepare the 2024 EPS presentation for the Esposito Import Company.

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