1.25 points Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $40,000 Cost of Goods Sold $410,000 Other Operating Expenses $355,000 Sales $1.910.000 Cost of Equipment purchased during the year (10 year estimate useful life, O salvage value) $510,000 Calculate Flip's taxable liability for the current year. 2 Table Lability