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 Loss on discontinued operations $205,000 (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: Multiple Choice $625,000 $622,500. o $408,750. $468,750. O