Troy, Inc. decided on January 1 to discontinue its telescope manufacturing division. On July 1, the division's assets with a book value of $1,260,000 are sold for $840,000. Operating income from January 1 to June 30 for the division amounted to $130,000. Ignoring income taxes, what total amount should be reported on Troy's income statement for the current year under the caption, Discontinued Operations? OA) $290,000 loss OB) $420,000 loss C) $550,000 D) $130.000 aved F6 FB F9 F10 F11