Howard Co's 2021 income from continuing operations before income taxes was $281,000. Howard Co. reported before-tax income on discontinued operations of $67,000. All tax items are subject to a 25% tax rate. In its income statement for 2021, Howard Co. would show the following line-Item amounts for income tax expense and net income: Multiple Choice $214,000 and $264,250 respectively, $70.250 and $261,000 respectively, $261,000 and $70.250 respectively $348,000 and $297,750 respectively