By Tobias Carroll The fallout from Will Smith’s onstage slap of Chris Rock at last weekend’s Oscars continues. While the Academy of Motion Picture Arts and Sciences continues its own investigation into the incident, Smith took a decisive step on Friday — and resigned his membership in the Academy. As per The Hollywood Reporter, Smith released a statement along with his resignation in which he describes his actions as “shocking, painful, and inexcusable.” “I betrayed the trust of the Academy. I deprived other nominees and winners of their opportunity to celebrate and be celebrated for their ext…