Kingbird Inc. reported Income from Continuing Operations before taxes during of $ Additional transactions occurring in but not considered in the $ are as follows.
The corporation experienced an uninsured flood loss in the amount of $ during the year.
Sale of securities held as a part of its portfolio resulted in a loss of $pretax
When its president died, the corporation realized $ from an insurance policy. The cash surrender value of this policy had been carried on the books as an investment in the amount of $the gain is nontaxable
The corporation disposed of its recreational division at a loss of $ before taxes. Assume that this transaction meets the criteria for discontinued operations. earnings per share to decimal places, es and all other answers to decimal places, es
Income before Incorne Tax
$
Discontinued Operations
Loss on Disposal of Recreational Division
Net IncomeLoss
Earnings Per Share
Income from Continuing Operations
$
Net IncomeLoss
