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Builtrite had sales of $ 3 , 2 0 0 , 0 0 0 and COGS of $ 1 , 9 0 0 , 0

Builtrite had sales of $3,200,000 and COGS of $1,900,000. In addition, operating expenses were calculated at 25% of sales. Builtrite also received dividends of $60,000 and paid out common stock dividends of $90,000 to its stockholders. A long-term capital gain of $150,000 was realized during the year along with a capital loss of $120,000What is Builtrite's taxable income?$572,000$482,000$590,000$548,000$458,000

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