Charming Charlie's, Inc. is going to discontinue one of its manufacturing divisions. At the time of discontinuance, the division's assets with a book value of $1,000,000 are sold for $750,000 and operating income amounted to $145,000. Ignoring income taxes, what total amount should be reported on the income statement as discontinued operations?

A) $105,000 loss

B) $250,000 loss

C) $395,000 loss

D) $145,000 gain