Builtrite had sales of \$1,000,000 and COGS of $280,000 . In addition, operating expenses were calculated at 30% 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 $70,000 was realized during the year along with a capital loss of $40,000 What is Builtrite's taxable income?