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Business, 07.04.2020 01:08 Aggie9595

Howard Co.'s 2018 income from continuing operations before income taxes was $297,000. Howard Co. reported before-tax income on discontinued operations of $57,000. All tax items are subject to a 38% 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. $ 213,600 and $ 117,600 respectivelyb. $ 356,000 and $ 318,800 respectivelyc. $ 117,600 and $ 213,600 respectivelyd. $ 232,000 and $ 269,200 respectively

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