2. ABC LLC had income from continuing operations of $700,000 (after taxes) in 2018. In addition, the following information, which has not been considered, is as follows. 1. A machine was sold for $150,000 cash during the year at a time when its book value was $160,000. (Depreciation has been properly recorded.) The company often sells machinery of this type. 2. ABC decided to discontinue its TV division in 2018. During the current year, the loss on the disposal of this component of the business was $200,000 less applicable taxes. Instructions (20 pts) Present in good form the income statement of ABC LLC for 2018 starting with "income from continuing operations." Given that ABC's tax rate is 35% and 200,000 shares of common stock were outstanding during the year