Why is the second option not correct?

On May 1. Foxtrot Co. agreed to sell the assets of its Footwear Division to Albanese Inc. for $80 million. The sale was completed on December 31 2021 The following additional facts pertain to the transaction The Footwear Division qualities as a component of the entity according to GAAP regarding discontinued operations The book value of Footwear's assets totaled $48 million on the date of the sale. Footwear's operating income was a pro-tax loss of $10 million in 2021 Foxtrot's income tax rate is 25% in the income statement for the year ended December 31, 2021, Foxtrot Co would report Mae Choice Income tes snowned for continuing and encoreinoed certon come the reported for come and gains on None of these answer choices we correct Al com es combined into one line tem