Information for Hobson Corp. for the current year ($ in millions): $250 50 Income from continuing operations before tax Loss on discontinued operation (pretax) Temporary differences (all related to operating income): Accrued warranty expense in excess of expense included in operating income Depreciation deducted on tax return in excess of depreciation expense Permanent differences (all related to operating income): Nondeductible portion of entertainment expense 105 215 24 The applicable enacted tax rate for all periods is 25% What should Hobson report as income from continuing operations? Multiple Choice $181.50 million. $401.25 million $422.75 million $250.00 million