Income Statement and Earnings Per Share
Shown Below Is Information

Income statement and earnings per share
Shown below is information relating to operations of Broadway Industries for 2009:
In the space provided, complete the income statement for Broadway Industries, including earnings per share figures. Broadway Industries has 100,000 shares of a single class of common stock outstanding throughout the year.
$$\begin{array}{l}\begin{array} { | l | c | } \hline\text { Continuing operations: }\\ \hline \text { Net sales } & \$ 6,500,000 \\\hline \text { Cost and expenses (including income taxes) } & \$ 5,720,000 \\\hline \text { Other data: } & \\\hline \begin{array} { l } \text { Current-year profit generated by segment of the business } \\\text { discontinued in May (net of income taxes) }\end{array} & \$ 542,100 \\\hline \begin{array} { l } \text { Gain on disposal of discontinued segment (net of income } \\\text { taxes) }\end{array} & \$ 185,900 \\\hline \begin{array} { l } \text { Prior-period adjustment (decrease in prior years' income } \\\text { net of tax benefit) }\end{array} & \$ 347,100 \\\hline \text { Extraordinary loss (net of income tax benefit) } & \$ 325,000 \\\hline \text { Cash dividends declared (\$6 per share) } & \$ 520,000 \\\hline\end{array}\end{array}$$