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A taxpayer is operating two businesses in California - one is a legal marijuana business with $ 2 5 0 k in gross receipts and

A taxpayer is operating two businesses in California - one is a legal marijuana business with $250k in gross receipts and $175k in expenses and the other is a dry cleaning business with $100k in gross receipts and $75k in expenses - How much taxable business income does he have for Federal and State purposes? 

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