To follow is the 2018 income statement of Household's Imports, Inc. (Click the icon to view the income statement.) Read the requirements FEE 31 1. How much gross profit did Household earn 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 thousand Income from continuing operations thousand Net income thousand $ $ $ $ Requirements continuin 1. How much gross profit did Household 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 Household's Imports' net income for 2019 and beyond? Name this item, give its amount, and state your reason. Data table Household's Imports, Inc. Consolidated Statement of Operations (Adapted) Year Ended (In thousands except per share amounts) 2018 2017 $ 1,825,425 $ 1,806,424 1,121,190 549,250 55,762 1,045,280 526,060 48,350 1,726,202 Net sales Operating costs and expenses: Cost of sales (including buying and store occupancy costs) Selling, general, and administrative expenses Depreciation and amortization Total operating costs and expenses Operating income (loss) Nonoperating income) and expenses: Interest and investment income Interest expense Interest income, net Income foss) from continuina onerations before income taxes 1,619,690 99,223 186,734 (2,635) 1.775 (2.780) 1,640 (1.140) (860) 100083 187 874 - Data table Interest and investment income (2,635) 1,775 (2,780) 1,640 (860) (1,140) 100,083 37,197 187,874 65,382 Interest expense 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) $ 62,886 $ 122,492 260 (2,100) 63,146 $ 120,392 Earnings (loss) per share from continuing operations: Basic $ 2.59 $ 1.82 Earnings (loss) per share from discontinued operations: Basic $ 0.06 $ (0.02) Earnings (loss) per share: Basic $ 2.53 $ 1.80