Bramble, Inc. decided on January 1 to discontinue its telescope manufacturing division. On July 1, the division's assets with a book value of $852000 are sold for $600000. Operating income from January 1 to June 30 for the division amounted to $132000. Ignoring income taxes, what total amount should be reported on Bramble's income statement for the current year under the caption, Discontinued Operations? $252000 loss $120000 loss $132000 $384000