Que 10/15) Help Save & Exit u Check my w Esquire Comic Book Company had income before tax of $1,650,000 in 2018 before considering the following material items: 1 Esquire sold one of its operating divisions, which qualified as a separate component according to generally accepted accounting principles. The before-tax loss on disposal was $415,000. The division generated before-tax income from operations from the beginning of the year through disposal of $630,000. Neither the loss on disposal nor the operating income is included in the $1,650000 before-tax income the company generated from its other divisions 2. The company incurred restructuring costs of $70,000 during the year Required: Prepare a 2018 income statement for Esquire beginning with income from continuing operations. Assume an income tax rate of 40%. Ignore EPS disclosures. (Amounts to be deducted should be indicated with a minus sign.) ces Partial Income Statement Income from continuing operations PreV 12 of 17 Next > 8 command option