John Deere is an American manufacturer of agricultural, construction, and forestry machinery, On September 1,2021 , John Derere enters into a tentative agreement to sell the assets of its forestry division. This division qualifies as a component of the scsording to GAAP regarding discontinued operations. The division's contribution to John Deere's operating incorne for 202 $4.00 milion loss before income tax. John Deere has an average tax rate of 25% Assume that John Deere sold the division's assets on December 31, 2021, for $25.00 million. The book value of the division's i was $19.90 million at that date. Required: What would John Deere report in its 2021 income statement regarding the Forestry division? (Enter your answer in millions rou to 2 decimol places (i.e., 5,500,000 should be entered as 5.50).)