Kreig Corporation Has Income Before Taxes of $900,000 and an Extraordinary

question 8

Multiple Choice

Kreig Corporation has income before taxes of $900,000 and an extraordinary gain of $300,000. If the income tax rate is 35% on all items, the income statement should show income before irregular items and extraordinary items, respectively, of

• A)$600,000 and $300,000.
• B)$600,000 and $195,000.
• C)$585,000 and $300,000.
• D)$585,000 and $195,000.

---

Definitions:

Biopsychosocial Approach

An integrative model for understanding human health and illness that considers biological, psychological, and social factors.

Social Anxiety Disorder

An anxiety disorder characterized by fear of social situations or performance where a person is anxious about being negatively evaluated by others.

Specific Phobias

Intense, irrational fears of certain objects or situations that pose little or no actual danger.

Generalized Anxiety Disorder

A mental health condition characterized by persistent and excessive worry about various aspects of life, beyond that of normal stress.