(Solved): The following are partial income statement account balances taken from the December 31, 2024, year- ...

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, \( \$ 370,000 \); interest revenue, \( \$ 47,000 \); before-tax loss on discontinued operations, \( \$ 470,000 \); and loss on sale of investments, \( \$ 57,000 \). 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 \( \$ 835,000 \) income from continuing operations before income taxes. Include appropriate EPS disclosures. The company had 100,000 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.