Auburn Crane, Inc., a hydraulic crane service company, had sales revenues of $4,250,000 during tax year 2013. The following table provides other financial information relating to the tax year:

Labor expenses………………………......................……..........$1,550,000

Material costs…………………………….......................................$785,000

Depreciation…………………………….........................................$332,500

Office supplies……………………………........................................$15,000

Debt interest expenses……………………………...........................$42,200

Rental expenses………………………..................................……...$45,000

Proceeds from the sale of old cranes………………………….........$43,000

The sold cranes had a combined book value of $30,000 at the time of sale.
(a) Determine the taxable income for 2013.
(b) Determine the taxable gains for 2013.
(c) Determine the amount of income taxes and gains taxes (or loss credits) for 2013.