Chance Company had two operating divisions, one manufacturing farm equipment and the other office supplies. Both divisions are considered separate components as defined by generally accepted accounting principles The form equipment component had been unprofitable, and on September 2018, the company adopted a plan to sell them of the division the actual sale was completed on December 15, 2018, at a price of $200.000. The book value of the divisions was $1210,000 resulting in before-tex loss of $510.000 on the sale The division incurred a before tax operating loss from operations of $180.000 hom the beginning of the year through December 15 The income tax rate is 40'5. Chance's after-tax income from its continuing operations is $470.000 Required: Prepare an income statement for 2018 beginning with income from continuing operations Include appropriate EPS disclosures assuming that 100,000 shares of common stock were outstanding throughout the year (Amounts to be deducted should be indicated with a minus sign. Round EPS answers to 2 decimal places.) Required: Prepare an income statement for 2018 beginning with income from assuming that 100,000 shares of common stock were outstanding th with a minus sign. Round EPS answers to 2 decimal places.) CHANCE COMPANY Partial Income Statement For the Year Ended December 31, 2018 Income from continuing operations Discontinued operations: 0 $ 0 Earnings per share 0.00