Mountain View's activities for the year included the following:

Gross Sales	7,400,000
Cost of goods sold	3,100,000
Selling and administrative expenses	900,000
Adjustment for a prior year understatement of depreciation expense	112,000
Sales returns	71,000
Loss on operations of discontinued Segment A	411,000
Royalty income from infringement settlement	800,000
Unrealized loss on equity securities	41,000
Gain on disposal of assets of discontinued business Segment A	375,000
Extraordinary loss from hail storm	143,000
Gain on early extinguishment of convertible bonds	201,000

The company has a 30% effective income tax rate.

What amount would the company report on the income statement relating to the discontinued operations for the year?

• A.

  (287,700)

• B.

  (36,000)

• C.

  (25,200)

• D.

  262,500