On July 31, Sand Corp. purchased 100% of the common shares of Rock Inc. for $9 per share. Rock and Sand are in the same line of business and same geographical area. Management of Sand plans to resell the Rock shares at $10 per share in the next several months. The assets of Rock have been classified as HFS on Sand's consolidated statement of financial position. Which one of the following statements is true? A Rock is not a component of Sand. B Rock meets the criteria to be classified as a discontinued operation. C Rock does not meet the criteria to be classified as a discontinued operation because Rock and Sand are in the same line of business and geographical area. D Rock does not meet the criteria to be classified as a discontinued operation because it has not yet been sold by Sand