Pharoah Company incurred the following infrequent losses during 2020: A $276000 write-down of equipment leased to others. A $147000 downward adjustment of receivable accruals on long-term contracts. A $229000 write-off of obsolete inventory. In its 2020 income statement, what amount should Pharoah report as total unusual losses? O $423000. $652000. O $505000 O $376000