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Almond Corporation has ordinary income from operations of $90,000, net long-term capital gain of $60,000, and net short-term capital loss of $65,000. What is the

Almond Corporation has ordinary income from operations of $90,000, net long-term capital gain of $60,000, and net short-term capital loss of $65,000. What is the taxable income for 2013?

Select one:

a. $85,000.

b. $87,000.

c. $90,000.

d. $150,000.

e. None of the choices

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