Freda's Florist reported the following before$-$tax income statement items for the year ended December $31,2024$:

Operating income

$$254,000$

Income on discontinued operations

$53,000$

All income statement items are subject to a $25\%$ income tax rate. In its $2024$ income statement, Freda's income tax expense from continuin operations and total income tax expense would be:

Multiple Choice

$$76,750$ and $$76,750,$ respectively.

$$76,750$ and $$126,750,$ respectively.

Prevy

$2$ of $6$

Next