1.25 points Flip's Pizzeria Inc. has the following financial tems for the current year Advertising Expenses $80,000 Cost of Goods Sold $605,000 Other Operating Expenses $565,000 Sales $2,675,000 Wages and Salaries $535,000 Capital Gain $15,000 Calculate Flip's taxable income for the current year Taxable Income (Net Operating Loss 2 3 10 Type here to search 1.25 points General's Inc. has the following financial items for the current year Advertising Expenses $80,000 Cost of Goods Sold $655,000 Other Operating Expenses $565,000 Sales $1,585,000 Wages and Salaries $385,000 Captal Loss $30,000 Calculate General's texable income for the current year Taxable Income (Net Operating LossF 2 3 4 5 6 7 8 10 Check ny work