Presented Below Are Performance Measure Data from the Income Statement

Essay

Presented below are performance measure data from the income statement of Wheezer Company.
Gross Profit $2,345,000
Operating Income 1,987,000
Income from Continuing Operations before Taxes 1,776,000
Income from Continuing Operations 1,234,000
Net Income 1,486,000
Wheezer has 200,000 shares of common stock outstanding. Prepare the summary schedule of earnings per share required by U.S. GAAP.