Goofy Company reported the following before-tax items for the year ended December 31, 2019:

Sales $600

Selling & Administrative Expenses 250

Restructuring Costs 20

Loss on Discontinued Operations 50

Goofy's effective tax rate is 40%.

Goofy's net income for the year ended December 31, 2019 is?

A) $148

B) $168

C) $112

D) $280