Fores Construction Company reported a pretax operating loss of$150 million for f

Fores Construction Company reported a pretax operating loss of$150 million for financial reporting purposes in 2011. Contributingto the loss were (a) a penalty of $4 million assessed by theEnvironmental Protection Agency for violation of a federal law andpaid in 2011 and (b) an estimated loss of $5 million from accruinga loss contingency. The loss will be tax deductible when paid in2012