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Splish Corporation had income from continuing operations of $10,703,000 in 2025. During 2025, it disposed...

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Accounting

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Splish Corporation had income from continuing operations of $10,703,000 in 2025. During 2025, it disposed of its restaurant division at an after-tax loss of \$205,000. Prior to disposal, the division operated at a loss of $322,000 (net of tax) in 2025 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Splish had 10,000,000 shares of common stock outstanding during 2025. Prepare a partial income statement for Splish beginning with income from continuing operations, (Round earnings per share to 2 decimal places, es. 1.48.)

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