Rosenburg Company tire division of its organization qualifies as a separate operating segment. In 20x8, the segment has operating income of $690,000. The segment meets all criteria of being held for sale. The segment is likely to be sold late in 20x9 at a loss. On Rosenburgs income statement for 20x8, how is this segment reported?

• A.

  The $690,000 operating income is reported as other gain/loss

• B.

  The $690,000 operating income is reported on the income statement as a discontinued operations

• C.

  The $690,000 operating income is reported on the income statement as an extraordinary item

• D.

  The $690,000 operating income is reported as revenues and expenses on the income statement