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The Ayayai Corporation had income from continuing operations of $12.0 million in 2023....

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Accounting

The Ayayai Corporation had income from continuing operations of $12.0 million in 2023. During 2023, it disposed of its restaurant
division at a loss of $75,000(net of tax of $38,000). Before the disposal, the division operated at a loss of $225,000(net of tax of
$135,000) in 2023. Ayayai also had an unrealized gain-OCl of $40,000(net of tax of $18,000) related to its FV-OCl equity
investments. Ayayai had 10 million common shares outstanding during 2023.
Prepare a partial statement of financial performance for Ayayai, beginning with income from continuing operations.
Ayayai Corporation
Partial Statement of Financial Performance
Items that will not be recycled subsequently to net income or loss:
Calculate earnings per share. (Round answers to 2 decimal places, e.g.52.75.)
Earnings Per Share:
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