ABC Company is preparing its 2018financial statements.Income fromContinuingOperations (ICO) for 2018was determined to be $1,800,000,but upon further review,ABC's accountant is not certain this number is accurate.ABC has a corporate tax rate of 30%.Additionally, the company reports one year of financial data on the face of the financial statements.Use the following information to determine the adjustments,if any,to correctly report Income From Continuing Operations.

1.During 2018,ABC experienced a labor strike which closed down the operations of one of its plants for an entire month.The pretax loss of $875,000 was excluded when determining Income from Continuing Operations because the bookkeeper was uncertain if this event qualified for discontinued operations, although the plant was re-opened after the strike was settled and did not represent a strategic shift in the on-going operationsfor ABC.Additionally, this plant did not qualify as a component of ABC.

Determine the adjustment (if any) to correct Income from Continuing Operations (ICO) for the labor strike.$[Blank_1]