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9. Baker Corp., a calendar year C corporation, realized taxable income of $36,000 from its regular business operations for calendar year 2019. In addition, Baker
9. Baker Corp., a calendar year C corporation, realized taxable income of $36,000 from its regular business operations for calendar year 2019. In addition, Baker had the following capital gains and losses during 2019: Short-term capital gain Short-term capital loss Long-term capital gain Long-term capital loss $ 4,000 (8,500) 3,500 (1,500) Baker did not realize any other capital gains or losses since it began operations. What is Baker's total taxable income for 2019? STCL (4.500) a. $43,500 6. $36,000 LTCLT 2. c. $33,500 d. $29,500 VSTUL (2.500)
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