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On December 31,2024 , the end of the fiscal year, Revolutionary industries completed the sale of its robotics business for $9 million. The robotics business

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On December 31,2024 , the end of the fiscal year, Revolutionary industries completed the sale of its robotics business for $9 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 $7 million at the time of the sale. - The income from operations of the segment during 2024 was $4 million. - Pretax income from other continuing operations for the year totaled $12 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. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ REVOLUTIONARY INDUSTRIES } \\ \hline \multicolumn{2}{|c|}{ Partial Income Statement } \\ \hline Income from continuing operations before income taxes & & \\ \hline & & \\ \hline & & \\ \hline Income from continuing operations & & \\ \hline Discontinued operations: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}

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