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Freda's Florist reported the following before tax income statement items for the year ended December 31, 2021 Operating income Income on discontinued operations $256.000 64,000

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Freda's Florist reported the following before tax income statement items for the year ended December 31, 2021 Operating income Income on discontinued operations $256.000 64,000 All Income statement items are subject to a 25% income tax rate. In its 2021 income statement, Freda's separately stated income tax expense and total Income tax expense would be: Multiple Choice $64,000 and $80,000, respectively. $80,000 and $64.000, respectively $80,000 and $130,000, respectively Multiple Choice $64,000 and $80,000, respectively. $80,000 and $64,000, respectively, $80,000 and $130,000, respectively. $80,000 and $80,000, respectively

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