A. $18,000. B. $34,000. C. $23,000. D. $29,000. 9. Howard Co.'s 2016 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 2016, Howard Co. would show the following line-item amounts for net income and income tax expense DULL FS F7 F8 F9 F10 F11 F12 PrtS 5 6 8 G H BN M