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Check my work 2 Esquire Comic Book Company had income before tax of $1,400,000 in 2021 before considering the following material items: 5 points 1.

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Check my work 2 Esquire Comic Book Company had income before tax of $1,400,000 in 2021 before considering the following material items: 5 points 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 $380,000. The division generated before-tax income from operations from the beginning of the year through disposal of $580,000. 2. The company incurred restructuring costs of $95,000 during the year. eBook Required: Prepare a 2021 income statement for Esquire beginning with income from continuing operations. Assume an income tax rate of 25%. Ignore EPS disclosures. (Amounts to be deducted should be indicated with a minus sign.) Hint ESQUIRE COMIC BOOK COMPANY Partial Income Statement For the Year Ended December 31, 2021 Ask Income from continuing operations Discontinued operations: Print ur References Income (loss) on discontinued operations Net income (loss)

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