Answer:
MARIGOLD CORPORATION
Income Statement (Partial)
For the year ended December 31, 2020
Income from continuing operation $10,634,000
Discontinued operations
Loss from operation of discontinued $320,700
restaurant division(net of tax)
Loss from disposal of restaurant division $206,700 <u>$527,400</u>
(net of tax)
Net Income <u>$10,106,600</u>
Earnings per share
Income from discontinuing operations A 1.06
[10,634,000/10,000,000]
Loss from discontinued operations B <u>0.05</u>
[527,400/10,000,000]
Net Income A/B <u>1.01</u>