Boo Zoo comes to you with the following facts and wants to know what its line 28 taxable income is for 2019. In 2019 Boo Zoo had the following activity:

Ticket sales $100

Food sales $100

Merchandise sales $300

Officers compensation $50

Employee salaries $50

Meals for the employees $10

Entertainment expenses of $10

Advertising costs of $10

State taxes paid of $100

Inventory purchases of $100