Jacobsen Corporation prepares its financial statement applying International Financial Reporting Standards. During its 2013 fiscal year, the company reported before-tax income of $640,000. This amount does not include the following two items, both of which are considered to be material in amount: Unusual and infrequent gain $220,000 Loss from discontinued operations (320,000) The company's income tax rate is 40%. In its 2013 income statement, Jacobsen would report income from continuing operations of: A) $640,000 B) $324,000 C) $384,000 D) $516,000