An income statement shows "income before income taxes and extraordinary items" in the amount of $2,740,000. The income taxes payable for the year are $1,440,000, including $480,000 that is applicable to an extraordinary gain. Thus, the "income before extraordinary items" is
A) $820,000.
B) $1,860,000.
C) $900,000.
D) $1,780,000.