To 916 (a) (1.5 pts). In 2019, Munder Difflin decided to sell its Sports Drink division (which produces) (d) Beetorade). The book value of the Sports Drink division's net assets is $85,000. The company | 92 had not yet completed the sale as of the end of 2019 and estimates the fair value of the Sports Drink division's net assets to be $73,000. Additionally, during FY 2019 Munder Difflin sells a factory, where it produces products for its Magic division. This factory has a net book value of $12,000 and was sold for $28,000. Munder Difflin will continue to produce products for its Magic division at other factories. Additional) results for 2019 are provided below. The results for the Magic division below do not include the effects of the sale of the factory. Munder Difflin has an income tax rate of 20%. Income Before Income Tax Expense (FY 2019) Sports Drink Division 50,000 Magic Division (3,000) All Other Divisions 200,000 Using the information provided above, present Munder Diffilin's 2019 income statement starting from Income from Continuing Operations Before Taxes. You do not need to provide EPS calculations