i just want to see if i got the right answer. Net income i got $896,000 and eps i got $.90
On December 31, 2012, Grant Williams Enterprises, Inc. (GWE) had income from continuing operations before taxes of $1,800,000. Additionally the following items occurred during 2012 which are not included in the $1.8 million number above:
a. During 2012 the board of directors approved a formal plan to dispose of the governmental sales division (component) of its business. This component provided operating income of $80,000 before tax for 2012. The sale of the segment resulted in a loss on the sale in the amount of $400,000 before tax.