Indian River Groves in Central Florida Lost About 10% of Its

Indian River Groves in central Florida lost about 10% of its strawberries (or $750,000) due to frost. Based on this information, how will Indian River Groves most likely report this loss?

A) As an extraordinary item net of taxes.
B) Below discontinued operations.
C) As a pretax ordinary loss prior to income before income taxes.
D) As a discontinued operation net of taxes.