During its 2021 fiscal year, Jacobsen Corporation reported before-tax income of $629,000. This amount does not include the following two items, both of which are considered to be material in amount: Unusual gain Loss on discontinued operations $209,000 (309,000) The company's income tax rate is 25%. Jacobsen Corporation prepares its financial statements applying U.S. GAAP. In its 2021 income statement, Jacobsen would report income from continuing operations of: Multiple Choice $628,500. $471,750. $629,000. $391,750