Howard Co'S 2018 Income from Continuing Operations Before Income Taxes Was

Howard Co.'s 2018 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 2018, Howard Co. would show the following line-item amounts for income tax expense and net income:

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