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The Culver Corporation had income from continuing operations of $12.6 million in 2023. During
2023, it disposed of its restaurant division at a loss of $80 , 000 (net of tax of $38 , 000 ). Before
the disposal, the division operated at a loss of $220 , 000 (net of tax of $135 , 000 ) in 2023, Blue
Collar also had an unrealized gain. OCl of $43 , 000 (net of tax of $18 , 000 ) related to its FV-
OCl equity investments. Culver had 10 million common shares outstanding during 2023. Prepare
a partial statement of financial performance for Culver, beginning with income from continuing
operations. Items that will not be recycled subsequently to net income or loss: Calculate earnings
per share. (Round answers to 2 decimal places, es 5275 ) Earnings Per Share: Calculate earnings
per share. (Round answers to 2 decimal ploces, eg. 52.75.)

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