16. Lantos Company had a 15 percent tax rate. Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense Dividend revenue Utilities expense Discontinued operations loss Interest expense $2,000,000 600,000 80,000 100,000 90,000 10,000 200,000 20,000 Given the following pre-tax amounts, what would be the income tax expense reported on the face of the income statement