Results of Discontinued Operations On November 30, 2016, Fleiner Company announced its plans to discontinue the operations of Division P (a major component of the company) by selling the division. On December 31, 2016, Division P had not yet been sold andwas classified as held for sale. On this date, Division P had assets with a book value of $920,000 and liabilities witha book value of $610,000. Fleiner estimates that the fair value of Division P on this date is $190,000. During 2016, Division P earned revenues of $920,000 and incurred expenses of $980,000. Fleiner is subject to a 30% incometax rate. Required: Compute the following for Division P of Reiner Company: Pretax income or loss from discontinued operations $ ______ Income tax expense or credit for discontinued operations $ ______ After tax income or loss from discontinued operations $ ______ Pretax income or loss on write-down of Division P held-for-sale $ ______ Income tax expense or credit for write-down of Division P held-for-sale $ ______ After tax income or loss on write-down of Division P held-for-sale $ ______ Prepare the results from discontinued operations section of Fleiner's income statement for 2013. Results from discontinued operations: from operations of discontinued Division P $ ______ on write-down of held-for-sale Division P $ ______ Total $ ______