Question: CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 4-4 Pina Corporation had income from continuing operations of $10,723,900 in 2017. During 2017, it disposed

CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 4-4 Pina Corporation had income from continuing operations of $10,723,900 in 2017. During 2017, it disposed of its restaurant division at an after-tax loss of $196,100. Prior to disposal, the division operated at a loss of $323,000 (net of tax) in 2017 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Pina had 10,000,000 shares of common stock outstanding during 2017. Prepare a partial income statement for Pina beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.) PINA CORPORATION Income Statement (Partial) Discontinued Operations Earnings Per Share Income From Continuing Operations Loss From Disposal of Restaurant Division Net of Tax Loss From Operation of Discontinued Restaurant Division Net of Tax Net Income/(Loss)
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