New Corporations income statements for the years ended December 31, 2013 and 2012 included the following information before adjustments:

	2013	2012
Operating income	$600,000	$300,000
Gain on sale of division	225,000	---0------
	$825,000	$300,000
Provision for income taxes	(247,500)	(90,000)
Net income	$577,500	$210,000

On January 1, 2013, New Corporation agreed to sell the assets and product line of one of its operating divisions for $800,000. The sale was consummated on December 31, 2013, and it resulted in a gain on disposition of $225,000. This divisions pre-tax net losses were $160,000 in 2013 and $120,000 in 2012. The income tax rate for both years was 30%.

Required:

Starting with operating income (before tax), prepare revised comparative income statements for 2013 and 2012 showing appropriate details for gain (loss) from discontinued operations.