A taxpayer had a 300,000 net income before the following dealings in properties; Ordinary Gain Capital Gain 80,000.00 60,000.00 90,000.00 70,000.00 Ordinary Loss Capital Loss If the taxpayer is an individual, compute the taxable net income? 300,000 280,000 290,000 260,000 Assuming the taxpayer is a corporation, compute the taxable income * 300,000 290,000 280,000 260,000 2 points