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The following are partial income statement account balances taken from the December 31, 2024, year-end...

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Accounting

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The following are partial income statement account balances taken from the December 31, 2024, year-end trial balance of White and Sons, Incorporated: restructuring costs, $490,000, interest revenue, $59,000; before-tax loss on discontinued operations, $590,000; and loss on sale of investments, $69,000. Income tax expense has not yet been recorded. The income tax rate is 25%. Prepare the lower portion of the 2024 income statement beginning with $895,000 income from continuing operations before income taxes. Include appropriate EPS disclosures. The company had 150,000 shares of common stock outstanding throughout the year: Note: Loss amounts should be indicated with a minus sign. Round "EPS" answers to 2 decimal places

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