On December $31,2024,$ the end of the fiscal year, Revolutionary Industries completed the sale of its robotics business for $$12\mathrm{.}0$ million. The robotics business segment qualifies as a component of the entity, according to GAAP. Consider the following additional information:

The book value of the assets of the segment was $$8\mathrm{.}5$ million at the time of the sale.

The income from operations of the segment during $2024$ was $$5\mathrm{.}5$ million.

Pretax income from other continuing operations for the year totaled $$13\mathrm{.}5$ million.

The income tax rate is $25\%.$

Prepare the lower portion of the $2024$ income statement beginning with income from continuing operations before income taxes.

Note: Loss amounts should be indicated with a minus sign. Enter your answers in whole dollars and not in millions. For example, $$4,000,000$ rather than $$4.$

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