On October 28, 2021, a company committed to a plan to sell a division that qualified as a component of the entity according to GAAP regarding discontinued operations and was properly classified as held for sale on December 31,2021 , the end of the company's fiscal year. The division's loss from operations for 2021 was $1,930,000. The division's book value and fair value less cost to sell on December 31 were $2,940,000 and $3,660,000, respectively. What before-tax amount(s) should the company report as loss on discontinued operations in its 2021 income statement? Multiple Choice $2,650,000 loss. $1,930,000 loss. No loss would be reported. $720,000 gain included in continuing operations and a $1,930,000 loss from discontinued operations