Income Statement and Earnings Per Share
Shown Below Is Information

Income statement and earnings per share
Shown below is information relating to operations of Laconia, Inc., for 2009:
In the space provided, complete the income statement for Laconia, Inc., including earnings-per-share figures. Laconia has 100,000 shares of a single class of common stock outstanding throughout the year.
$$\begin{array}{l}\text { Continuing operations: }\\\begin{array} { | l | l | } \hline \text { Net sales } & \$ 7,620,000 \\\hline \text { Cost and expenses (including income taxes) } & \$ 3,750,000 \\\hline \text { Other data: } & \\\hline \begin{array} { l } \text { Current-year profit generated by segment of the business } \\\text { discontinued in April (net of income taxes) }\end{array} & \$ 420,000 \\\hline \begin{array} { l } \text { Gain on disposal of discontinued segment (net of income } \\\text { taxes) }\end{array} & \$ 108,000 \\\hline \begin{array} { l } \text { Prior-period adjustment (decrease in prior years' income } \\\text { net of tax benefit) }\end{array} & \$ 168,000 \\\hline \text { Extraordinary loss (net of income tax benefit) } & \$ 96,000 \\\hline \text { Cash dividends declared (\$1.50 per share) } & \$ 150,000 \\\hline\end{array}\end{array}$$ LACONIA, INC.
Condensed Income Statement
For the Year Ended December 31, 2009