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Misty Company reported the following before-tax items during the current year: Sales revenue Selling and administrative expenses Restructuring charges Loss on discontinued operations $1,400 740

Misty Company reported the following before-tax items during the current year: Sales revenue Selling and administrative expenses Restructuring charges Loss on discontinued operations $1,400 740 20 40 Misty's effective tax rate is 25%. What is Misty's net income for the current year? Multiple Choice $440. $480. Misty's effective tax rate is 25%. What is Misty's net income for the current year? Multiple Choice O $440. O $480. $450. O $520

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