On August $1,2024,$ Rocket Retailers adopted a plan to discontinue its catalog sales division, which qualifies as a separate component of the business according to GAAP regarding discontinued operations. The disposal of the division was expected to be concluded by June $302025.$ On January $31,2025,$ Rocket's fiscal year$-$end, the following information relative to the discontinued division was accumulated:

Operating loss February $1,2024-$January $31,$

$2025$

Estimated operating losses, February $1-$June

$30,2025$

$90,000$

Impairment of division assets at January $31,$

$2025$

$$116,000$

In its income statement for the year ended January $31,2025,$ Rocket would report a before$-$tax loss on discontinued operations of:

Multiple Choice

$$(67,000).$

$S(139,000).$

$S(206,000).$

$$(116,000).$