Waves of Grain, Inc. has several operating divisions. During 2013, it decided to sell one of its divisions that qualifies as a separate component. The division was sold on December 20, 2013, for a net selling price of $350,000. On that date, the assets of the division had a book value of $270,000. For the period January 1 through disposal, the division reported a pretax operating loss of $65,000. The company's income tax rate is 40% on all items of income or loss. Waves of Grain, Inc. generated after-tax profits of $45,000 from its continuing operations. On the income statement for the year ending December 31, 2013, what is the total amount Waves of Grain will report for discontinued operations?