The Skywalker Corporation finalized the sale of its droid manufacturing division for $$9\mathrm{.}4$ million on December $31,2024,$ at the close of the fiscal year. The droid manufacturing business segment qualifies as a component of the entity, according to GAAP. Consider the

The income from operations of the segment during $2024$ was $$4\mathrm{.}2$ million.

Pretax income from other continuing operations for the year totaled $$12\mathrm{.}2$ 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. Vote: Loss amounts should $4,000,000$ rather than $$4.$