Final answer:
The calculation for other expenses and losses from the information given does not match any of the multiple-choice options provided, indicating a discrepancy in the question or the given data. Therefore, without additional information or clarification, it is not possible to provide the correct answer from the options available.
Step-by-step explanation:
The student has asked for the reported amount for other expenses and losses. To calculate this, we need to interpret the given financial information. The income from continuing operations before taxes is $470,000, and after subtracting the selling and administrative expenses of $320,000, we would ideally expect the income from continuing operations to be $150,000 ($470,000 - $320,000). However, the income from continuing operations is reported as $329,000. Therefore, there must be additional income or gains that are not specified in the question.
If we consider the Income before extraordinary items figure of $290,000 and compare it with the Income from continuing operations before tax, we see that the difference is $470,000 - $290,000, which equals $180,000. This $180,000 must be the amount of the other expenses and losses since this amount plus the Income before extraordinary items equals the Income from continuing operations before tax. However, we do not have an option that exactly matches this calculation in the multiple-choice answers provided.
Upon further analysis, if we add the reported Income from continuing operations of $329,000 to the other expenses and losses, and then subtract the selling and administrative expenses of $320,000, we should get the Income before extraordinary items of $290,000. This means the other expenses and losses would be $290,000 - $329,000 + $320,000, which equals $281,000. This amount does not match any of the options provided either, indicating a possible discrepancy in the question or the given data. Since none of the options correctly answers the question based on the provided financial data and we have a discrepancy in the figures, it would be inappropriate to select any of the provided options as the correct answer.