On November 1, 2021, Jamison inc adopted a plan to discontinue its barge 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 April 30, 2022. On December 31, 2021, the company's year-end, the following information relative to the discontinued division was accumulated Operating loss Jan. 1-Dec 31, 2021 Estimated operating losses, Jan. I to April 30, 2022 Excess of fair value, less costs to sell, over book valve at Dec 31, 2021 $70 milli 94 1110 21 11 In its income statement for the year ended December 31, 2021, Jarison would report a before tax loss on discontinued operations of Select one: a $143 million Ob $70 million OG $49 million Od $16 million