Given the Following Amounts from an Income Statement The Amount Shown on a Multiple-Step Format Income Statement for |

Multiple Choice

Given the following amounts from an income statement: $$\begin{array} { | l | l | } \hline \text { Sales (net of returns and allowances of } \$ 10 \text { ) } & \$ 690 \\\hline \text { Distribution expense } & 32 \\\hline \text { Cost of goods olds } & 264 \\\hline \text { Income tax on operations } & 56 \\\hline \text { Interest revenue } & 2 \\\hline \text { Loss trom Dis continued Operations, net of tax } & 10 \\\hline \text { Interest expense } & 8 \\\hline \text { General and administrative expenses } & 92 \\\hline \text { Loss of sale of investments } & 6 \\\hline\end{array}$$ The amount shown on a multiple-step format income statement for operating income from continuing operations would be:

A) $232.
B) $246.
C) $290.
D) $302.