The following balances were taken from the books of Quality Limited on December 31, 2021: $ 70,000 40,000 1,120,000 118,000 40,000 122,000 6,000 16,000 85,000 80,000 160,000 115,000 32,000 23,000 504,000 125,000 160,000 140,000 81,000 80,000 16,000 50,000 80,000 124,000 50,000 85,000 Interest income Cash Sales revenue Sales returns and allowances Sales discounts Accounts receivable Allowance for doubtful accounts Prepaid insurance Inventory Land Equipment Buildings Accumulated depreciation equipment Accumulated depreciation buildings Cost of goods sold Notes receivable Selling expenses Accounts payable Bonds payable Administrative expenses Unearned revenue Unrealized loss on FV-OCI equity investments Notes payable Loss from storm damage Depreciation expense Gain on disposal of discontinued division (net of tax of $21,250) Assume the total effective tax rate on all items is 25%. Operating income from continuing business operations for 2021 is: