15. JP company is committed to sell its book division on September 1, 2014. The carrying amount of the division was 4,000,000 adn fair value less cost to sell of 3,500,000. The division reported operating loss of 200,000 for the year ended December 31, 2014. Ignoring taxes, what amount should be reported as loss from discontinued operation in 2014? a. 500,000 b. 200,000 c. 700,000 d. 0