ACCT 3T23 SPRING 2019 EXAIVI 1 COURSE NOTES Example: During the year. Apex Co. sold an unprotable component of the company. The component had net loss 'om operations during the year of $150,000. The gain on the sale of its assets totaled $100.000. Apex reported beforetax income from continuing operations of$120,000. All items are taste at 30%. The oompan}r had 10.000 shares of common stock outstanding and issued $5,000 of cash dividends to its preferred shareholders during the year. Show how this will appear on Apex's 20Y1 income statement. Earnings Per Sh