25. ILO 10.21 A corporation has gross sales revenue of $289,000, cost of sales of $98.000. a Secti deduction of $20,000 (financial depreciation = $5,000), operating expenses of $122.000 and Section 1231 gain of $21,000 on the sale of some machinery (the gain is only $14,000 for financial accounting) a. What is the corporation's taxable income? b. What is the corporation's pretax financial accounting income