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Shaquille Corporation has operating income of $1.15 million, a loss on write-down of inventory of $145,000, and income tax expense of $287,500 for the year

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Shaquille Corporation has operating income of $1.15 million, a loss on write-down of inventory of $145,000, and income tax expense of $287,500 for the year ended December 31, 2018, before considering the following item: a $220,000 gain, after tax, from the disposal of an operating segment Required Prepare the 2018 multiple step income statement for Shaquille Corporation beginning with operating income. (Enter your answer in dollars, not millions.(i.e. $5.5 million should be entered as 5,500,000).) SHAQUILLE CORPORATION Income Statement For the Year Ended December 31, 2018 Discontinued operation

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