On December 31, the end of the current fiscal year, Standard Microchip Corporation held its semiconductor business for sale at year. end. The semiconductor business segment qualifies as a component of the entity according to GAAP. Consider the following additional information:
The estimated fair value of the segment's assets, less costs to sell, on December 31 was $6,000,000.
The book value of the assets of the segment at the time of the sale was $4,800,000.
The loss from operations of the segment during the current year was $3,900,000.
Pretax income from other continuing operations for the year totaled $6,840,000.
The income tax rate is 25%.

Prepare the lower portion of the income statement beginning with income from continuing operations before income taxes.