On June 30, 20X5, Park Corporation incurred a $100,000 net loss from disposal of a business component. Also, on June 30, 20X5, Park paid $40,000 for property taxes assessed for calendar year 20X5. What amount of the preceding items should be included in the determination of Park’s net income or loss for the sixmonth interim period ended June 30, 20X5?

a. $140,000

b. $120,000

c. $90,000

d. $70,000