Major Co. reported 2016 income of $302,000 from continuing operations before income taxes and a before-tax loss on discontinued operations of $61,000. All income is subject to a 34% tax rate. In the 2016 income statement, Major Co. would show the following line-item amounts for income tax expense and net income: Multiple Choice $81,940 and $199,320. $102,680 and $159,060. $102,680 and $241,000. $81,940 and $363,000. Present and future value tables of Si at 3% are presented below: PVA $1 PVAD $1 N FV $1 1.03000 PV $1 0.97087 FVA $1 1.0000 FVAD $1 1.0300 2.0909 1.00000 0.97087 191347 1 1.06090 0.94260 2.0300 3.0909 1.09273 3.1836 2.82861 1.97087 2.91347 3.82861 0.91514 0.88849 4.1836 3.71710 4 43091 5 5.3091 4.71710 5.4684 1.12551 1.15927 1.19405 NM N000= 0.86261 0.83748 0.81309 6,4684 6.6625 6 4.57971 5.41719 6.23028 7.01969 5.57971 6.41719 122987 7.6625 7.8923 126677 8.8923 7.23028 9.1591 1.30477 9 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.78941 0.76642 0.74409 0.72242 0.70138 11.4639 11.8078 11 138423 12.8078 8.53020 9.25262 9.95400 13.1920 14.6178 8.78611 9.53020 10.25262 12 1.42576 14.1920 13 146853 15.6178 16.0863 0.68095 0.66112 10.63496 11.29607 10.95400 11.63496 14 1.51259 17.0863 17.5989 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12 56110 20.7616 12.93794 Bill wants to give Maria a $520,000 gift in 6 years. If money is worth 6% compounded semiannually, what is Mario's gift worth today? Multiple Choice $364, 718 $517.250 $366 243 O $363.372