The amount allocated to continuing operations is the tax effect of the pre-tax income or loss from continuing operations that occurred during the year, plus or minus which of the following tax effect:

I. Changes in the tax laws or rates.

II. Changes in tax status.

III. Changes in circumstances that cause a change in judgement about the future realization of DTA.

A. I only

B. I & II only

C. I, II, & III

D. II only