To follow is the 2018 income statement of Bianca's Imports, Inc, Click the icon to view the income statement.) Read the requirements DOOR 1. How much gross profit did Bianca ear on the sale of its products in 2018? How much was income from continuing operations? How much net income did the company earn? (Use parentheses or a minus sign for losses) Gross profit Income from continuing operations $ $ $ thousand thousand Net income thousand Bianca's Imports, Inc. Consolidated Statement of Operations (Adapted) Year Ended (In thousands except per share amounts) 2018 2017 Net sales $ 1,825,550 $ 1,806,424 Operating costs and expenses: Cost of sales (including buying and store occupancy costs) 1,121,290 1,045,880 Selling, general, and administrative expenses 549,635 526,750 Depreciation and amortization 55,275 48,250 Total operating costs and expenses 1,726,200 1,620,880 Operating income (loss) 99,350 185,544 Nonoperating (income) and expenses: Interest and investment income (2,675) (2,724) 1,715 1,630 Interest expense (960) (1,094) Interest income, net Income (loss from continuing operations before income taxes 100 310 186.638 1 Data table Interest and investment income (2,675) 1,715 (2,724) 1,630 Interest expense (960) (1,094) 100,310 37,281 186,638 64,952 $ Interest income, net Income (loss) from continuing operations before income taxes Provision (benefit) for income taxes Income (loss) from continuing operations Discontinued operations: Income (loss) from discontinued operations Net income (loss) 63,029 $ 121,686 270 (2,200) $ 63,299 $ 119,486 $ 2.99 $ 1.42 Earnings (loss) per share from continuing operations: Basic $ 0.04 $ (0.01) Earnings (loss) per share from discontinued operations: Basic $ 2.95 $ 1.41 Earnings (loss) per share: Basic Requirements 1. How much gross profit did Bianca earn on the sale of its products in 2018? How much was income from continuing operations? How much net income did the company earn? 2. At the end of 2018, what dollar amount of income would most sophisticated investors use to predict Bianca's Imports' net-income for 2019 and beyond? Name this item, give its amount, and state your reason