A B C D E On December 31, 2022, the end of the fiscal year, Standard Microchip Corporation held its semiconductor business for sale at year-end. The semiconductor business segment qualifies as a component of the entity 8 according to GAAP. Consider the following additional information: Estimated fair value of the segment's assets, less costs to sell, on December 31 7 123456569ES 10 11 12 Loss from operations of the segment during 2022 Book value of the assets of the segment at the time of the sale 13 Pretax income from other continuing operations for the year 14 Income tax rate 15 16 17 18 $6,000,000 4,800,000 3,900,000 6,840,000 25% Prepare the lower portion of the 2022 income statement beginning with income from continuing operations before income taxes. 19 Formulas for expenses and losses must return a negative value. 20 21 22 23 STANDARD MICROCHIP CORPORATION Partial Income Statement For the Year Ended December 31, 2022