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Misty Company reported the following before-tax items during the current year: Sales - $600 Operating expenses - $250 Restructuring charges - $20 Extraordinary loss -

Misty Company reported the following before-tax items during the current year: Sales - $600 Operating expenses - $250 Restructuring charges - $20 Extraordinary loss - $50 Misty's effective tax rate is 40%, and there were 1,000 shares of common stock outstanding: QUESTION: What would be Misty's income before extraordinary item(s)?

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