Motor Corporation's income statements for the years ended December 31, 2012 and 2011 included the following information before adjustments:

On January 1, 2012, Motor Corporation agreed to sell the assets and product line of one of its operating divisions for $1,600,000. The sale was consummated on December 31, 2012, and it resulted in a gain on disposition of $450,000. This division's pre-tax net losses were $320,000 in 2012 and $250,000 in 2011. The income tax rate for both years was 30%.

Required:

Starting with operating income (before tax), prepare revised comparative income statements for 2012 and 2011 showing appropriate details for gain (loss) from discontinued operations.