Information for Hobson Corp. for the current year ($ in millions) 10 Income from continuing operations before tax Loss on discontinued operation (pretax) Temporary differences (all related to operating income): $210 10 olnts Accrued warranty expense in excess of expense included in operating income 10 00:46 41 Depreciation deducted on tax return in excess of depreciation expense 20 Permanent differences (all related to operating income): Nondeductible portion of entertainment expense eBook The applicable enacted tax rate for all periods is 40%. What should Hobson report as income from continuing operations? Multiple Choice 5124 miltion The applicable enacted tax rate for all periods is 40% 10 What should Hobson report as income from continuing operations? points Multiple Choice 0046 13 $124 million 210 million $126 miion $128 milion