Chapter 4 Exercises 4 Saved 5 points eBook Exercise 4-10 (Algo) Earnings per share [LO4-5] The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the following items: income from continuing operations, $11 million; loss from discontinued operations, $1.8 million. All of these amounts are net of tax. Required: Prepare the 2021 EPS presentation for the Esposito Import Company. (Amounts to be deducted should be indicated with a minus sign. Round your answers to 2 decimal places.) Hint Print Earnings per share: Income from continuing operations Loss from discontinued operations Not income References 11.00 Help 5 Coints 5 ellock Exercise 4-11 (Algo) Comprehensive income [LO4-6] The Massoud Consulting Group reported net income of $1,390,000 for its fiscal year ended December 31, 2021. In addition, during the year the company experienced a positive foreign currency translation adjustment of $420,000 and an unrealized loss on debt securities of $65,000. The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income is displayed net of tax. Required: Prepare a separate statement of comprehensive income for 2021. (Amount to be deducted should be indicated with a minus sign.) 01 THE MASSOUD CONSULTING GROUP Statement of Comprehensive Income For the Year Ended December 31, 2021 $ 1,390,000 Print ferences Net income Other comprehensive income, net of tax Foreign currency translation adjustment Loss on debt securities Total other comprehensive income Comprehensive income $ 1,390,000