On August 1, 2013, 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 30, 2014. On January 31, 2014, Rocket's fiscal year-end, the following information relative to the discontinued division was accumulated:

Operating loss February 1, 2013 - Jan. 31, 2014	$133,000
Estimated operating losses, Feb. 1 to Jun. 30, 2014	83,000
Impairment of division assets at Jan. 31, 2014	22,000

In its income statement for the year ended January 31, 2014, Rocket would report a before-tax loss on discontinued operations of: