The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its strategic focus, the company sold the automobile parts division at a loss. The division qualifies as a component of the entity according to GAAP. How should Claxton report the sale in its income statement

a.Report it as restructuring costs

b.Report it as loss on sale of discontinued operations

c.Report it as loss from operations of discontinued operations

d.Report it as loss on sale of investments