The income statement of Jones Company for the year ended December 31, 2008, follows. Revenue from sales Cost of products sold Gross profit Operating expenses: Selling expenses General expenses Operating income Equity in earnings of nonconsolidated subsidiaries (loss) Operating income before income taxes Taxes related to operations Net income from operations Discontinued operations Loss from operations of discontinued segment (less applicable income tax credit of $30,000) Loss on disposal of segment (less applicable income tax credit of $50,000) Income before cumulative effect of change in accounting principle Cumulative effect of change in accounting principle (less applicable income taxes of $25,000) Net income Required $790,000 410,000 380,000 $ 40,000 80,000 120,000 260,000 (20,000) 240,000 (94,000) 146,000 $ (70,000) (100,000) (170,000) (24,000) 50,000 26,000 a. Compute the net earnings remaining after removing nonrecurring items. b. Determine the earnings (loss) from the nonconsolidated subsidiary. c. Determine the total tax amount.