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(Solved): Skysong Corporation had income from continuing operations of \( \$ 10,811,000 \) in 2025 . During 2 ...
Skysong Corporation had income from continuing operations of \( \$ 10,811,000 \) in 2025 . During 2025, it disposed of its restaurant division at an after-tax loss of \( \$ 205,400 \). Prior to disposal, the division operated at a loss of \( \$ 319,800 \) (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Skysong had \( 10,000,000 \) shares of common stock outstanding during 2025. Prepare a partial income statement for Skysong beginning with income from continuing operations. (Round eamings per share to 2 decimal places, es. 1.48.)