Howard Co'S 2016 Income from Continuing Operations Before Income Taxes Was

Howard Co.'s 2016 income from continuing operations before income taxes was $280,000.Howard Co.reported before-tax income on discontinued operations of $50,000.All tax items are subject to a 40% tax rate.In its income statement for 2016,Howard Co.would show the following line-item amounts for net income and income tax expense:

A) $198,000 and $112,000.
B) $230,000 and $92,000.
C) $330,000 and $132,000.
D) $198,000 and $79,000.