Corona Corporation's financial statements for the current year include the following: Income from continuing operations (net of taxes) $ 636,800 Prior period adjustment (increase in prior year net income, net of taxes) $ 135,500 Cash dividends paid to preferred stockholders $ 272,040 Gain from discontinued operations (net of taxes) $ 417,556 Non-recurring loss (net of tax benefit) $ 128,400 On the basis of this information, net income for the current year is:

Multiple Choice

$1,590,296.

$636,800.

$1,037,240.

$925,956.