During 2024, Aspen Corporation disposed of Pine Division, a major component of its business. Aspen realized a gain of $1,200,000, net of taxes, on the sale of Pine's assets. Pine's operating losses, net of taxes, were $1,400,000 in 2024. How should these facts be reported in Aspen's income statement for 2024? Total Amount to be Included in Income from Results of Continuing Operations Discontinued Operations a. $1,400,000 loss $1,200,000 gain b. 200,000 loss 0 c. 0 200,000 loss d. 1,200,000 gain 1,400,000 loss $1,400,000 loss $1,200,000 gain 200,000 loss 0 0 200,000 loss 1,200,000 gain 1,400,000 loss