On November 1, 2014, management of Carley Corporation committed to a plan to dispose of PFG Company, a major subsidiary. The disposal meets the requirements for classification as discontinued operations. The book value of PFG Company was $6,500,000 and management estimated the fair value less costs to sell to be $8,000,000. For 2014, PFG Company had a loss of $2,000,000. How much should Carley Corporation present as loss from discontinued operations before the effect of taxes in its income statement for 2014:

A. $2,000,000.

B. $3,500,000.

C. $500,000.

D. $1,500,000.