Howard Co.'s 2018 income from continuing operations before income taxes was $297,000. Howard Co. reported before-tax income on discontinued operations of $57,000. All tax items are subject to a 38% tax rate. In its income statement for 2018, Howard Co. would show the following line-item amounts for income tax expense and net income:a. $ 213,600 and $ 117,600 respectivelyb. $ 356,000 and $ 318,800 respectivelyc. $ 117,600 and $ 213,600 respectivelyd. $ 232,000 and $ 269,200 respectively

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?