On December $31,20$X$4,$ the end of the fiscal year, Rollason Industries completed the sale of its widget business for $$10\mathrm{.}4$ million. The widget 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 was $$7\mathrm{.}7$ million at the time of the sale.

The income from operations of the segment during $20$X$4$ was $$4\mathrm{.}7$ million.

Pretax income from other continuing operations for the year totaled $$12\mathrm{.}7$ million.

The income tax rate is $25\%.$

Prepare the lower portion of the $20$X$4$ income statement beginning with income from continuing operations before income taxes.

Note: Loss amounts should be indicated with a minus sign. Enter your answers in whole dollars and not in millions. For example, enter $"$$$7,000,000"$ rather than $"$$$7".$