202. Bradenton Company reports the following for 2010: Income from continuing operations before income tax $500,000 Extraordinary property loss from hurricane $60,000* Loss...





202. Bradenton Company reports the following for 2010:































Income from continuing operations before income tax




$500,000




Extraordinary property loss from hurricane




$60,000*




Loss from discontinued operations




$90,000*




Weighted average number of shares outstanding




40,000




Applicable tax rate




40%










* Net of any tax effect
Required:



















(1)




Prepare a partial income statement for Bradenton Company beginning with income from continuing operations before income tax.




(2)




Calculate the earnings per common share for Bradenton, including per-share amount for unusual items.

































































































































































































































(2)





















































































































































































































































May 15, 2022
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