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A C - corporation has gross receipts of $ 1 5 0 , 0 0 0 , $ 3 5 , 0 0 0 of

A C-corporation has gross receipts of $150,000, $35,000 of other income, and deductible expenses of
$95,000. In addition, the corporation incurred a net long-term capital loss of $25,000 in the current year.
What is the corporations taxable income?
  

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