The Claxton Company manufactuers childrens toys and also has a division that makes automobile parts. Due to change in strategic focus, the company sold the automobile parts division. The division qualifies as a component of the entity according to GAAP. How should Claxton report the sale in its 2018 income statement?

A. Report it as restructuring costs

B. Report it as a discontinued operation

C. Report the income or loss from operations of the division in discontinued operations.

D. Report it as a gain on sale of investments included in income from continuing operations.