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Question 7 (5 marks) The shareholders equity section of Riverbed Corporation as at December 31, 2020, follows: 10% cumulativ
Continuing operations Income from continuing operations before tax Income tax Income from continuing operations after tax (3)

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Continuing Operation
Income from Continuing operations before tax (1) $41,000,000
Income Tax (2) $10,660,000
Income from Continuing operations after tax (3) $30,340,000
Preference Dividend (10%* 4,300,000) (4) $430,000
Income attributable to common stock holders (5) $29,910,000
Dis-Continued Operation
Loss from discontinued operation before tax (6) $16,000,000
Tax Recovery (7) $4,160,000
Loss from discontinued operation after tax (8) $11,840,000
Net Income (5-8) (9) $18,070,000
Earning Per Share
Continuing Operation ((5)/10,000,000) 2.991
Discontinued Operation ((8)/10,000,000) (1.184)
Net Income/ loss ((9)/10,000,000) 1.807
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