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Sheridan Corporation operates several stores in British Columbia ( Vancouver , Victoria, Kamloops, Penticton, and Prince George ) . The restructuring of its organization on

Sheridan Corporation operates several stores in British Columbia (Vancouver, Victoria, Kamloops, Penticton, and Prince George). The restructuring of its organization on November 20,2023, has led to the decision to sell its Prince George store. In preparing financial statements at December 31,2023, the following information was made available:
1- The Prince George operation incurred a loss of $226,800 for the 2023 calendar year, including $180,000 for the period January 1 to November 20,2023.
2- Estimated costs to sell are $230,000.
3- At Lacember 31,2023, the fair value of the Prince George assets is estimated at $6.920 million and the carrying amount is $7.150 million.
4- The combined provincial and federal income tax rate is 30%.
5- It is estimated that the operation will lose an additional $200,000 before it is sold.
The Prince George operation qualifies for reporting as a discontinued operation. What amount should be reported in the discontinued operations section of Sheridan's 2023 income statement? (Enter negative amount using either a negative sign preceding the number e.g.-45 or parentheses e.g.(45).)
Gain /(loss) on discounted operation is ....

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