Information for Hobson Corp. for the current year ($ in millions): Income from continuing operations before tax $ 260 Loss on discontinued operation (pretax) 50 Temporary differences (all related to operating income): Accrued warranty expense in excess of expense included in operating income 20 Depreciation deducted on tax return in excess of depreciation expense 10 Permanent differences (all related to operating income): Nondeductible portion of entertainment expense 10 The applicable enacted tax rate for all periods is 40%. What should Hobson report as income from continuing operations?