Olivier Corporation reported the following pre-tax amounts for the year ended August 31, 2017: profit before income tax (on the company's continuing operations), $320,000; loss from operations of discontinued operations, $85,000; and gain on disposal of assets of discontinued operations, $60,000. Olivier is subject to a 20% income tax rate. Calculate
(a) The income tax expense on continuing operations,
(b) Any income tax expense or savings on each item of discontinued operations.