Apex Inc. reports the following for a recent year:Income from continuing operations before income tax                $1,000,000Loss from discontinued operations                                                 $240,000*Weighted average number of shares outstanding                            20,000Applicable tax rate                                                                             40%*Net of any tax effect. a. Prepare a partial income statement for Apex Inc., beginning with income from continuing operations before income tax.b. Determine the earnings per common share for Apex Inc., including per-share amounts for unusual items.

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