Dingo Dog Food is a component of Conglomeration, Inc. and has been losing $50,000 per month. On April 1, Year 1, Conglomeration's management committed to a plan for immediate sale of Dingo and fully expected to find a buyer for the component by March of Year 2. The book value of the component's assets is $800,000, while the fair market value of the assets is $650,000. Conglomeration sold Dingo on February 28, Year 2, for $550,000. what Conglomeration's loss from discontinued operations before consideration of taxes for the year ended December 31, Year 1, would be?