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Esquire Comic Book Company had income before tax of $1,350,000 in 2024 before considering the following material ifems. 1. Esquire sold one of its operating divisions, which qualified as a separate component according to generailly accepted accounting principles. The before-tax loss on disposal was $375,000 The dwision generated before-tax income from operations from the beginning of the year through disposal of $570,000 2. The company incurred restructuring costs of $90,000 during the year Required: Prepare the income statement for Esquire beginning with income from continuing operations Assume an income tax rate of 25% : lgnore EPS disclosures Note; Amounts to be deducted should be indicated with a minus sign