On December 31, 2016, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor business for $17 million The business segment qualifies as a component of the entity according to GAAP The book value of the assets of the segment was $16 million. The loss from operations of the segment during 2016 was $4.6 million Pretax income from continuing operations for the year totaled $6.7 million. The income tax rate is 30%. Prepare the lower portion of the 2016 income statement beginning with pretax income from continuing operations. Ignore EPS disclosures