Fleming Company has two divisions, E and N. Both qualify as business components. In 2011, the firm decides to dispose of the assets and liabilities of Division N; it is probable that the disposal will be completed early next year. The revenues and expenses of Fleming for 2010 and 2011 are as follows:

During the later part of 2011, Fleming disposed of a portion of Division N and recognized a pretax loss of $2,000 on the disposal. The income tax rate for Fleming Company is 30%. Prepare the 2011 comparative incomestatement.

2011 2010 Sales-E Total nontax expenses-E Sales-N Total nontax expenses-N $5,000 4,400 3,500 3,900 $4,600 4,100 5,100 4,500