Brief Exercise $4-5($Algo$)$ Income from continuing operations $[$LO$4-3,4-5]$

The following are partial income statement account balances taken from the December $31,2024,$ year$-$end trial balance of White and

Sons, Incorporated: restructuring costs, $$490,000$; interest revenue, $$59,000$; before$-$tax loss on discontinued operations, $$590,000$;

and loss on sale of investments, $$69,000.$ Income tax expense has not yet been recorded. The income tax rate is $25\%.$

Prepare the lower portion of the $2024$ income statement beginning with $$895,000$ income from continuing operations before income

taxes. Include appropriate EPS disclosures. The company had $150,000$ shares of common stock outstanding throughout the year.

Note: Loss amounts should be indicated with a minus sign. Round "EPS" answers to $2$ decimal places.