On December $31,2024,$ the end of the fiscal year, California Microtech Corporation held its

semiconductor business for sale at year$-$end. The estimated fair value of the segment's assets,

less costs to sell, on December $31$ was $$15$ million. The semiconductor business segment

qualifies as a component of the entity according to GAAP. Consider the following additional

information:

The book value of the assets of the segment at the time of the sale was $$16$ million.

$"$ The loss from operations of the segment during $2024$ was $$4\mathrm{.}6$ million.

Pretax income from other continuing operations for the year totaled $$6\mathrm{.}7$ million.

The income tax rate is $25\%.$

Prepare the lower portion of the $2024$ income statement beginning with income from

continuing operations before income taxes.

Note: Loss amounts should be Indlcated with a minus sign. Enter your answers in whole

dollars and not in millions. For example, $$4,000,000$ rather then $$4.$