Lime Corp. disposed of its Recreation Division in November of 2020 at a loss of $18,000 before tax. Prior to the sale, the Recreation Division (considered a separate business component) reported an income from operations of $36,000 before tax in 2020. Lime Corp. reported income from continuing operations of $420,000 before tax for 2020. 

Required: Assuming an income tax rate of 30%, prepare an income statement beginning with Income from Continuing Operations, before tax. Ignore earnings per share disclosures.