Marigold, Inc. decided on January 1 to discontinue its telescope manufacturing division. On July 1, the division's assets with a book value of $846000 are sold for $596000. Operating income from January 1 to June 30 for the division amounted to $134000. Ignoring income taxes, what total amount should be reported on Marigold's income statement for the current year under the caption Discontinued Operations? O. $250000 loss $384000 $134000 $116000 loss