Rainwear Inc., a merchandiser, prepared the following partial income statement before taking into account discontinued operations.

Income Statement, Partial
Fiscal Year Ended March 31
($ million)
Operating Income	$4,078
Other revenues (expenses)	400
Income before income taxes	4,478
Income tax expense	1,120
Net income	$3,358

In March, the board of directors of Rainwear Inc. approved a plan to dispose of a business component of Rainwear Inc., considered a discontinued operation. The business component was not sold as of March 31. The business component reported a loss during the current fiscal year of $92 million before tax. The discontinued business component has a book value and fair value (after selling expenses) of $880 million and $920 million, respectively. Neither the potential impact of the sale or the current fiscal year losses related to the discontinued component are reflected in the statement provided above.

Required Revise the partial income statement to reflect the discontinued business segment. Ignore earnings per share disclosures. Assume a tax rate of 25%. Note: If an income statement classification is not needed, enter a zero for the amount (or leave blank).

Note: Use a negative sign to indicate a loss related to any discontinued component amounts.