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attached! Question 1 2 pts Builtrite had sales of $900,000 and COGS of $280,000. In addition, operating expenses were calculated at 30% of sales. Builtrite

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Question 1 2 pts Builtrite had sales of $900,000 and COGS of $280,000. In addition, operating expenses were calculated at 30% of sales. Builtrite also received dividends of $50,000 and paid out common stock dividends of $25,000 to its stockholders. A long-term capital gain of $50,000 was realized during the year along with a capital loss of $70,000 What is Builtrite's taxable income? O $365,000 O $345,000 O $340,000 O $320,000 O $400,000

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