Esquire Comic Book Company had incone before tax of 51,550,000 in 2024 before considering the followng material itemt 1. Esquire sold one of its eperating divislonf, which qualifed as-a separate component according to gerteraiy accepted sccounting principies. The before-tax loss on disposal was $395,000. The division 9enerated before-tax income from operationts fromi the beginning of the year through disposal of 5610,000 2. The company incurred restructuring costs of $60,000 during the yeor. Required: Prepate the income statement for Esquire beginning with income from continulng operations. Assunte an income sax rate of 25 in. lonore EPs disclosures. Note: Amounts to be deducted should be indicated with a minus sign