Which of the following situations would not be presented in a separate section of the current year's income statement of Hamilton Corporation? During the current year:

a. Hamilton's Los Angeles headquarters are destroyed by a tornado.

b. Hamilton sells its entire juvenile furniture operations and concentrates on its remaining children's clothing segment.

c. Hamilton's accountant discovers that the entire price paid several years ago to purchase company offices in Texas had been charged to a Land account; conse- quently, no depreciation has ever been taken on these buildings.

d. As a result of labor union contract changes, Hamilton paid increased compensation expense during the year.