Esquire Comic Book Company had Income before tax of $$1,100,000$ in $2024$ before considering the following materlal Items:

Esquire sold one of Its operating divisions, which qualified as a separate component according to generally accepted accounting

princlples. The before$-$tax loss on disposal was $$350,000.$ The division generated before$-$tax income from operations from the

beginning of the year through disposal of $$520,000.$

The company Incurred restructuring costs of $$65,000$ during the year.

Required:

Prepare the Income statement for Esquire beginning with Income from continuing operations. Assume an Income tax rate of $25\%.$

Ignore EPS disclosures.

Note: Amounts to be deducted should be Indlcated with a minus sign.