Information for Hobson Corp. for the current year ($ in millions):

Income from continuing operations before tax $215
Loss on discontinued operation (pretax) 30

Temporary differences (all related to operating income):
Accrued warranty expense in excess of expense included in operating income 70
Depreciation deducted on tax return in excess of depreciation expense 145

Permanent differences (all related to operating income):
Nondeductible portion of entertainment expense 17
The applicable enacted tax rate for all periods is 25%.

What should Hobson report as income from continuing operations?

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.