On August 1, 20X1, Alpha Co. approved a plan to dispose of an unprofitable segment of its business. Alpha expected that the sale would occur on April 30, 20X2, at an estimated gain of $250,000. The segment had actual and estimated operating profits (losses) as follows: Realized loss from 1/1x1 to 7/31X1 Realized loss from 8/1x1 to 12/31X1 Expected loss from 1/1/X2 to 4/30/X2 Assume Alpha's tax rate is 21%. $(400,000) (250,000) (300,000) Required: In its 20X1 income statement, what should Alpha report as profit or loss from discontinued operations (net of tax effects)