Builtrite had sales of $800,000 and COGS of $240,000. In addition, operating expenses were calculated at 25% of sales. Builtrite also received dividends of $60,000 and paid out common stock dividends of $40,000 to its stockholders. A long-term capital gain of $40,000 was realized during the year along with a capital loss of $30,000 What is Builtrite's taxable income? $430,000 $388,000 $348,000 $390,000