Ace Corporation decided to sell its medical supplies business segment for $$500,000,$ on

September $1,$ Year $1.$ The disposal date is November $1,$ Year $1.$ The book value of the segment's

net assets is $$650,000.$ The pre$-$tax income for the segment for the period January $1-$ September

$1,$ Year $1,$ was a loss of $$90,000$; the pre$-$tax income for the segment for September and October

was a loss of $$20,000.$ Assuming a tax rate of $40\%,$ choose the correct reporting for discontinued

operations in the income statement of Ace Corporation, for the year ended December $31,$ Year $1.$

A$)$ Choice $1$

B$)$ Choice $2$

C$)$ Choice $3$

D$)$ Choice $4$