On May 10, 2019, CND Inc. sold off all of its operations in pet food manufacturing, one of its major lines of business. From the sale, CND realized a gain of $100,000. Prior to the sale, pet food manufacturing incurred a net loss of $200,000. CND's tax rate is 30%. In its 2019 income statement, what will CND record in relation to pet food manufacturing?

Select one:

a. Loss from discontinued operations, $70,000

b. Loss from continued operations, $140,000

c. Loss from operations of discontinued operation, $70,000

d. Loss from discontinued operation, $100,000