On December 31, 2021, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor business for $18 million. The semiconductor business segment qualifies as a component of the entity according to GAAP. The book value of the assets of the segment was $17 million. The loss from operations of the segment during 2021 was $3.2 million. Pretax income from continuing operations for the year totaled $6.0 million. The income tax rate is 25%. Prepare the lower portion of the 2021 income statement beginning with income from continuing operations before income taxes. Ignore EPS disclosures. (Amounts to be deducted and negative amounts should be indicated with a minus sign. Enter your answers in whole dollars and not in millions.)

Answer is complete but not entirely correct.

CALIFORNIA MICROTECH CORPORATION
Partial Income Statement
For the Year Ended December 31, 2021
Income from continuing operations before income taxes
Income tax expenseselected answer correct
not attempted
not attempted
Income from continuing operations
Discontinued operations:
Loss from operations of discontinued componentselected answer correct
Income tax benefitselected answer correct	t
Income (loss) on discontinued operations
Net income (loss)		t