Carmen Limited has an accounting profit before tax of $240 000. All of the following items have been included in the accounting profit: depreciation of equipment $30 000 (tax deductible depreciation is $40 000); entertainment expenses $10 000 (non-deductible for tax purposes); long service leave expense $80 000 (long service leave paid is $50 000). The tax rate is 30%. What is the taxable profit for the period