Ivy Group reported income from continuing operations before taxes of $ 668, 000 and income from discontinued operations of $ 214, 000. Ivy also reported $ 68, 000 of unrealized gains from available-for-sale debt investments (fair value accounting adjustments) recorded as other comprehensive income. The company is subject to a 38% tax rate and reports no permanent differences.

How much income tax expense does Ivy report as a line item directly below "Income from Continuing Operations before Taxes"?

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