During 2025, Waterway Company reported income of $1,609,000 before income taxes and realized a gain of $474,200 on the disposal of assets related to a discontinued operation. The criteria for classification as a discontinued coperation is appropriate for this sale. The income is subject to income taxation at the rate of 34%. The gain on the sale of the plant is taxed at 30%. Indicate an appropriate. presentation of these items in the income statement