The following information is given for 2019: Gross profit $300,000 Operating expenses $100,000 Other revenues and gains $4,000 Other expenses and losses ($2,000) results of discontinued operations (total), net of tax $20,000 tax rate of 25% Calculate the company's Income from continuing operations. 154500

The following information is given for 2019: Gross profit $300,000 Operating expenses $100,000 Other revenues and gains $4,000 Other expenses and losses ($2,000) results of discontinued operations (total), net of tax$20,000 tax rate of 25% Calculate the company's Income from continuing operations