Major co. reported 2021 income of $314,000 from continuing operations before income taxes and a before-tax loss on discontinued operations of $71,000. all income is subject to a 25% tax rate. in the income statement for the year ended december 31, 2021, major co. would show the following line-item amounts for income tax expense and net income:

6x 2.54 is 15.24, answer is c

The answer is c hope this

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.