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During 2011, Post Corporation Disposed of Real Division, a Major

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During 2011, Post Corporation disposed of Real Division, a major segment of its business. Post realized a gain of $1,500,000, net of taxes, on the sale of Real's assets.Real's operating losses, net of taxes, were $1,800,000 in 2011.How should these facts be
Reported in Post's income statement for 2011? During 2011, Post Corporation disposed of Real Division, a major segment of its business. Post realized a gain of $1,500,000, net of taxes, on the sale of Real's assets.Real's operating losses, net of taxes, were $1,800,000 in 2011.How should these facts be Reported in Post's income statement for 2011?

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