1 point Volunteer Corporation generated $300,000 income from the sale of goods to its customers. Volunteer also sold three non-inventory assets during the year. Compute Volunteer's taxable income assuming Volunteer recognized $7,000 of recaptured ordinary income, a $23,000 net Section 1231 gain, and a net $11,000 capital loss. Assume Volunteer does NOT have any nonrecaptured Section 1231 losses from previous years. 341,000