Jupiter Manufacturing Company Sold Plant Assets at a Gain of $205,000

Jupiter Manufacturing Company sold plant assets at a gain of $205,000 less related taxes of $62,500. Assuming the gain is not considered unusual or infrequent, Jupiter's income statement for the period should report

A) a prior period adjustment net of applicable taxes, $142,500.
B) an extraordinary item net of applicable taxes, $142,500.
C) a gain of $205,000 and an increase in income tax expense of $62,500.
D) operating income net of applicable taxes, $142,500.