Just need the second part answered. The last three questions.

Class Time (circle one): 11:00 / 12:30 / 2:00 On May 1, Foxtrot Co. agreed to sell the assets of its Footwear Division to Albanese Inc. for $80 million. The sale was completed on December 31, 2018. The following additional facts pertain to the transaction: . The Footwear Division qualifies as a component of the entity according to GAAP regarding discontinued operations. The book value of Footwear's assets totaled $48 million on the date of the sale. Footwear's operating income was a pre-tax loss of $10 million in 2018. Foxtrot's income tax rate is 40%. Foxtrot's income from continuing operations was $ 100 million in 2018. . . . Please provide the following amounts that would be presented on Foxtrot's income statement for the year ended 12/31/2018: Income (Loss) from continuing operations: Income (Loss) from discontinued operations (net of tax): Net income (loss): Suppose that the Footwear Division's assets had not been sold by December 31, 2018, but were considered held for sale. Assume that the fair value of these assets, less costs to sell, was $40 million at December 31, 2018. In the income statement for the year ended December 31, 2018, Foxtrot Co. would report: Income (Loss) from continuing operations: Income (Loss) from discontinued operations (net of tax): Net income (loss)