Zedra had income operations of $700000 (before taxes) in 2011. In addition, the following information, which has not been considered, is as follows. 1. In 2011, zedra experienced an uninsured earthquake loss in the amount of $150000. 2. A machine was sold for $170000 cash during the year at a time when its book value was $110000. The company often sells machinery of this type. 3. zedra decided to discontinue its stereo division in 2011. During the current year, the loss on the disposal of this component of the business was $165000 less applicable taxes. Assume that zedra tax rate is 30%, What is the income from continuing activities