On November 1,2016,Jamison Inc

On November 1,2016,Jamison Inc.adopted a plan to discontinue its barge division,which qualifies as a separate component of the business according to GAAP regarding discontinued operations.The disposal of the division was expected to be concluded by April 30,2017.On December 31,2016,the company's year-end,the following information relative to the discontinued division was accumulated:

In its income statement for the year ended December 31,2016,Jamison would report a before-tax loss on discontinued operations of:

A) $ 65 million.
B) $ 50 million.
C) $130 million.
D) $145 million.