please, answer the question below.

Information for Hobson Corp. for the current year ($ in millions): 11 $440 108 4 points Skipped 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 net income? Multiple Choice 11 $216 million 4 points Skipped $305 million. $243 million $142 million