On December 31, 2024, the end of the fiscal year, California Microtech Corporation held its semiconductor business for sale at year- end. The estimated fair value of the segment's assets, less costs to sell, on December 31 was $19 million. The semiconductor 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 at the time of the sale was $17 million. The loss from operations of the segment during 2024 was $4.8 million. Pretax Income from other continuing operations for the year totaled $6.8 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. Answer is complete but not entirely correct. CALIFORNIA MICROTECH CORPORATION Partial Income Statement For the Year Ended December 31, 2024 Income from continuing operations before income taxes Income tax expense $ 6,800,000 1,700,000 Income from continuing operations $ 5,100,000 ( Discontinued operations: Loss from operations of discontinued component (6,800,000) Income tax expense Income on discontinued operations 1,700,000 (5,100,000) 0 Net loss