Question & Answer: The Esposito Import Company had 1 million shares of common stock outstanding during 2018. Its income statement reporte…..

The Esposito Import Company had 1 million shares of common stock outstanding during 2018. Its income statement reported the following items: income from continuing operations, $5 million; loss from discontinued operations, $1.2 million. All of these amounts are net of tax. Required: Prepare the 2018 EPS presentation for the Esposito Import Company. (Amounts to be deducted should be indicated with a minus sign. Round your answers to 2 decimal places.) Earnings per share Income from continuing operations Loss from discontinued operations Net income