For year 2018, Gonzales Corporation reported a total of $220,000 of net income from continuing operation, after deducting 30% of tax. During 2018, Gonzales Corporation decided to discontinue one of its divisions in Albama. During the year, the division profit was $50,000 (before tax). During the same year, Gonzales Corporation sold the division at the end of the year at $80,000 loss (before tax). Calculate the net income for Gonzales Corporation for year 2018 (show calculations here)