Saginaw Inc

Saginaw Inc.decided on August 1,2014,to dispose of a component of its business.The component was sold on November 30,2014.Saginaw's income for 2014 included income of $250,000 from operating the discontinued segment from January 1 to the sale date.Saginaw incurred a loss on the November 30 sale of $220,000.Ignoring income taxes,what amount should be reported in the 2014 income statement as the net income or loss under "Discontinued Operations"?

A) $220,000 loss
B) $30,000 loss
C) $30,000 income
D) $250,000 income