Sunland, Inc, decided on January 1 to discontinue its telescope manufacturing division. On July 1 , the division's assets witha book value of $837000 are sold for $603000.0 perating income from January 1 to June 30 for the division amounted to $127000. Ignoring income taxes, what total amount should be reported on Sunland's income statement for the current year under the caption. Discontinued Operations? $107000loss$361000$127000$234000loss