*if plant assets of a manufacturing company are sold at a gain of $1,800,000 with related taxes of $540,000, and the gain is not considered unusual or infrequent, the income statement for the period would disclose these effects as "a. a gain of $1,800,000 and an increase in income tax expense of $540,000." "b. operating income net of applicable taxes, $1,260,000." o "c. a prior period adjustment net of applicable taxes, 51,260,000." "d. a discontinued operations gain net of applicable taxes, $1,260,000