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On December 31, 2018, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor business for $10 millien . The
On December 31, 2018, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor business for $10 millien . The business segment qualifies as a component of the entity according to GAAP. The book value of the assets of the segment wag $8 millioh. The loss from operations of the segment operations for the year totaled $5.8 million. The rear during 2018 was $3.6 million. income tax rate is 30%. Preparet e owerport onofthe 2018 income from continuing operations. Ignore EPS disclosures. ncome from continuin statement beginning with pretax income
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