Bridge Companys results for the year ended December 31, 2016, include the following material items:

Sales revenue		$5,000,000
Cost of goods sold		3,000,000
Administrative expenses		1,000,000
Gain on sale of equipment		200,000
Loss on discontinued operations		400,000
Understatement of depreciation expense in 2015 caused by mathematical error		250,000

Bridge Companys income from continuing operations before income taxes for 2016 is:

rev: 02_27_2015_QC_CS-9164

$700,000

$950,000

$1,000,000

$1,200,000