Builtrite had sales of $1,000,000 and COGS of $270,000. In addition, operating expenses were calculated at 33% of sales. Builtrite also received dividends of $90,000 and paid out common stock dividends of $60,000 to its stockholders. A long-term capital gain of $40,000 was realized during the year along with a capital loss of $70,000 What is Builtrite's taxable income