During its 2021 fiscal year, Jacobsen Corporation reported before-tax income of $625,000. This amount does not include the following two items, both of which are considered to be material in amount:

Unusual gain$205,000

Loss on discontinued operations(305,000)

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: