Bonita Corp. has 150,240 shares of common stock outstanding. In2017, the company reports income from continuing operations beforeincome tax of $1,210,400. Additional transactions not considered inthe $1,210,400 are as follows.

1.		In 2017, Bonita Corp. soldequipment for $38,300. The machine had originally cost $83,600 andhad accumulated depreciation of $31,900. The gain or loss isconsidered non-recurring.
2.		The company discontinuedoperations of one of its subsidiaries during the current year at aloss of $191,900 before taxes. Assume that this transaction meetsthe criteria for discontinued operations. The loss from operationsof the discontinued subsidiary was $90,100 before taxes; the lossfrom disposal of the subsidiary was $101,800 before taxes.
3.		An internal audit discoveredthat amortization of intangible assets was understated by $38,400(net of tax) in a prior period. The amount was charged againstretained earnings.
4.		The company had anon-recurring gain of $125,400 on the condemnation of some of itsproperty (included in the $1,210,400).

Analyze the above information and prepare an income statement forthe year 2017, starting with income from continuing operationsbefore income tax. Compute earnings per share as it should be shownon the face of the income statement. (Assume a total effective taxrate of 38% on all items, unless otherwise indicated.)(Round earnings per share to 2 decimal places, e.g.1.47.)