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Haliteck Corporation is based in Halifax. At the end of 20X4, the companys accounting records show the following items: A $108,000 loss from hurricane damage. Total sales revenue of $2,800,000, including $420,000 in the Decolite division, for which the company has a formal plan of sale. Interest expense on long-term debt of $69,000. Increase in fair value of marketable securities of $59,000. Operating expenses of $2,140,000, including depreciation and amortization of $520,000. Of the total expenses, $418,000 (including $79,000 in depreciation and amortization) was incurred in the Decolite division. Haliteck Corporation wrote down tangible capital assets by $33,000 during the year in order to reduce the Decolite divisions assets to their estimated recoverable amount. Haliteck has long-term debt denominated in U.S. dollars. Due to the weakening of the U.S. dollar during 20X4, the company has an unrealized gain of $21,000. Haliteck has a subsidiary in France. The euro strengthened during the year, with the result that Norse had an unrealized gain of $15,000 on its net investment in the subsidiary. Halitecks income tax expense for 20X4 is $75,000. This amount is net of a tax recovery of $24,000 on the Decolite division and a $29,000 tax benefit from hurricane damage. The company had 40,000 common shares outstanding at the beginning of the year; an additional 9,000 were issued on March 31. Required: Prepare a continuous SCI. (Round your "Earnings per share" answers to 2 decimal places.) Next

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