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Mangold Corporation reported income from continuing operation

Mangold Corporation reported income from continuing operations of $92,000 and loss from discontinuing a segment (net of taxes) of $6,000 for the current year. Mangold had 100,000 common shares outstanding for the entire year.

Show how Mangold would report its earnings per share for the current year. Round your answers to the nearest cent.

MANGOLD CORPORATION
Income Statement (Partial)
For Year Ended December 31, Current Year
 
 
Components of IncomeEPS
Income from Continuing operations ($92,000/100,000)0.92
Loss From discontinued operations ($6,000/100,000)-0.06
Net Income0.86

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