Following is a portion of the statement of cash flows extracted from a publicly traded company's annual report: (IN MILLIONS) Years ended May 31, 2018 2019 2017 Capital expenditures Business acquisitions, net of cash acquired Proceeds from sale of business Proceeds from asset dispositions and other (5,490) (66) (5.116) (5,663) (179) 123 42 83 135 What is the correct description of this statement? Net cash flows from investing activities in 2019 is $(5,473) Net cash flows from operating activities in 2019 is $(5,473) Net cash flows from financing activities in 2019 is $(5,473) (Decrease)/Increase of cash and cash equivalent in 2019 is $(5,473) On September 1, 2021, Jacob Furniture Mart enters into a tentative agreement to sell the assets of its Office Furniture division. This division qualifies as a component of the entity according to GAAP regarding discontinued operations. The division's contribution to Jacob's operating income for 2021 was a $3 million loss before income tax. Jacob has an average tax rate of 25%. Assume that Jacob had not yet sold the Office Furniture division by the end of 2021. Further, assume that the fair value less cost to sell of the division's assets at December 31, 2021, was $12 million and was expected to remain the same when the assets are sold in 2022. The book value of the division's assets was $19 million at the end of 2021. How much income or loss on discontinued operations would Jacob report in its 2021 income statement regarding the Office Furniture division? $(10,000,000) $(3,000,000) $(2,250,000) $(7,500,000)