Problem 3 - Discontinued Operations $ During fiscal year 2020 the company sold one of their key divisions. The following information has been provided for this discontinued operation. Sold the Garage Door Division on October 31, 2020 $ 1,300,000 Gain from operations of discontinued Garage Door division from January 1, 2020 through October 31, 2020. $ 12,500,000 Gain from sale of the Garage Doordivision on October 31, 2020. Note: The operating gain of $1.3 million and gain from the sale of $12.5 million are both pre-tax amounts. The company C.F.O. has detemined that a 30% tax rate should be applied. Required: Prepare the Discontinued Operations section for the income statement