Brief Exercise $4-6($Algo$)$ Discontinued operations $[$L$04-4]$

On December $31,2024,$ the end of the fiscal year, Revolutionary Industries completed the sale of its robotics business for $$9\mathrm{.}6$ million.

The robotics 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{.}3$ million at the time of the sale.

The income from operations of the segment during $2024$ was $$4\mathrm{.}3$ million.

Pretax income from other continuing operations for the year totaled $$12\mathrm{.}3$ 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 indicated with a minus sign. Enter your answers in whole dollars and not in millions. For example,

$$4,000,000$ rather than $$4.$