Complex Income Statement The following items were derived from Woodbine Circle Corporation's adjusted trial balance on December 31 , 2019: Other financial data for the year ended December 31,2019: Discontinued Operations On September 30, 2019, Woodbine sold its Auto Leasing (AL) Division for $4,000,000. The book value of this division was $4,250,000 at that date. For financial statement purposes, this sale was considered as a discontinued On September 30, 2019, Woodbine sold its Auto Leasing (AL) Division for $4,000,000. The book value of this division was $4,250,000 at that date. For financial statement purposes, this sale was considered as a discontinued operation of a component of the company. Capital Structure Required: Prepare a schedule of the income taxes on continuing operations to be used in the completion of the income statement in part Schedule 1: Incoma Prepare a schedule of the income from operations of AL Division for the nine months ended September 30,2019 (date of discontinuance). Schedule 2: Income from Operations of AL Division Using the multiple-step format, prepare a formal income statement for Woodbine for the year ended December 31,2019 . Use the information from the schedules in parts 1 and 2. Round eamings per share computations to two decimal places. Discontinued operations Components of Income Feedback