13 LORI Corporation reports the following results for the current year: What are LORI's taxable income and income tax liability? Gross profits on sales $85,000 Short-term capital gain 65,000 Long-term capital gain 10,000 Dividends from 25%-owned domestic corporation 50,000 NOL carryover from the preceding tax year 4,000 Operating expenses 90,000 Please note, if all work is not shown, full credit will not be given. 10 Points