Hi, please help to explain the problems below.

For question 85, I wonder why the extraordinary loss is calculated net of tax, while the usual gain is not calculated net of tax?

Thanks

85. Sandstrom Corporation has an extraordinary loss of $200,000, an unusual gain of $140,000, and a tax rate of 40%. At what amount should Sandstrom report each item?

Extraordinary loss Unusual gain

a. $(200,000) $140,000

b. (200,000) 84,000

c. (120,000) 140,000

d. (120,000) 84,000

83. At Ruth Company, events and transactions during 2014 included the following. The tax rate for all items is 30%.Thanks

(1) Depreciation for 2012 was found to be understated by $90,000.

(2) A strike by the employees of a supplier resulted in a loss of $75,000.

(3) The inventory at December 31, 2012 was overstated by $120,000.

(4) A flood destroyed a building that had a book value of $1,500,000. Floods are very uncommon in that area.

The effect of these events and transactions on 2014 net income net of tax would be

a. ($52,500).

b. ($1,102,500).

c. ($1,165,500).

d. ($1,249,500).