Howard Co.'s 2016 income from continuing operations before income taxes was $292,000. Howard Co. reported a before-tax income on discontinued operations of $66,000. All tax items are subject to a 34% tax rate. In its income statement for 2016, Howard Co. would show the following line-item amounts for net income and income tax expense: $358,000 and $314,440. O $99,280 and $236,280. $236,280 and $99,280. $226,000 and $269,560