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Oscorp Industries has a tax rate of 15 percent and income from operations before income taxes of $1,392,000. It also has the following items (gross

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Oscorp Industries has a tax rate of 15 percent and income from operations before income taxes of $1,392,000. It also has the following items (gross amounts). Unusual loss $222,000 Discontinued operations loss 606,000 Gain on disposal of equipment 48,000 Change in accounting principle increasing prior year's income 318,000 What is the amount of income tax expense Oscorp would report on its income statement? $182,700 $278,400 None of the listed options $243,600 $186,000

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