During January 2013, Doe Corp. agreed to sell the assets and product line of its Hart division. The sale was completed on January 15, 2014; on that date, Doe recognized a gain on disposal of $900,000. Hart's operating losses were $600,000 for 2013 and $50,000 for the period January 1 through January 15, 2014. The income tax rate is 40%. What amount of net gain (loss) from discontinued operations should be reported in Doe's comparative 2014 and 2013 income statements?

.................................................................................. 2014 .................... 2013

a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0 $ ................150,000

b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000 ..................... 0

c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 510,000 ......... (360,000)

d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 540,000 ......... (390,000)