Gregory company is disposing of a component of its company. The net loss from the sale is extimated to be $600,000.

Gregory company is disposing of a component of its company. The net loss from the sale is extimated to be $600,000. Included in the $600,000 is termination pay of $100,000 which is directly associated with the decision to dispose of the component; and net losses from component asset write-downs of $400,000. Ignoring taxes, Gregory income statement should report a loss on sale of a business component of :