Major Co Reported 2018 Income of $300,000 from Continuing Operations Before

Major Co. reported 2018 income of $300,000 from continuing operations before income taxes and a before-tax loss on discontinued operations of $80,000. All income is subject to a 30% tax rate. In the income statement for the year ended December 31, 2018, Major Co. would show the following line-item amounts for income tax expense and net income:

A) $66,000 and $210,000 respectively.
B) $90,000 and $154,000 respectively.
C) $90,000 and $276,000 respectively.
D) $66,000 and $220,000 respectively.