ork 0 z/Test Thompson Company had net sales of $115,000. The cost of goods sold was $44,000, operating expenses was $21000, and there was a gain on sale of an asset of $18,000. If the income tax rate is 45%, what is the income from continuing operations for the period? OO A $68,000 B. $50,000 C. $37,400 OD $30,600