Assume that you are valuing a logistics firm that owns warehouses in North Carolina. On its accounting statements, this firm is reporting a loss of $400 million, due to a one-time charge of $600 million (lets say it was as natural disaster). What earnings would you use?

a)A profit of $400 million

b)	A loss of $200 million

c)	A profit of $200 million

d)	A profit of $800 million

e)	The scenario does not provide enough information to calculate an answer.