5 2.5 points eBook Exercise 12-12A Report discontinued operations (LO12-5) LeBron's Bookstores has two divisions: books and electronics. The electronics division had another great year in 2021 with net sales of $9.2 million, cost of goods sold of $5.6 million, operating expenses of $1.2 million, and income tax expense of $600,000. The book division did not do as well and was sold during the year. The loss from operations and sale of the book division was $720,000 before taxes and $540,000 after taxes. Required: Prepare the multiple-step income statement for LeBron's Bookstores, including the proper reporting for the discontinued book division. (Enter your answer in dollars, not millions. (i.e., $5.5 million should be entered as 5,500,000).) Hint Ask References Net sales Cost of goods sold LEBRON'S BOOKSTORES Income Statement For the Year Ended December 31, 2021 Operating expenses Gross profit Discontinued operation: