On June 30, Sheffield Corporation discontinued its operations in Mexico. During the year, the operating income was $292,000 before taxes. On September 1, Sheffield disposed of the Mexico facility at a pretax loss of $692,000. The applicable tax rate is 25%. Show the discontinued operations section of Sheffields income statement. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).)

SHEFFIELD CORPORATION Partial Income Statement
Discontinued operations:
select an income statement item DividendsExpensesLoss on disposal of Mexican facilityNet income / (loss)Retained earningsIncome from operations of Mexican facility		$enter a dollar amount
select an income statement item DividendsExpensesLoss on disposal of Mexican facilityNet income / (loss)Retained earningsIncome from operations of Mexican facility		enter a dollar amount		$enter a subtotal of the two previous amounts