Dana, who around the city is generally referred to simply as "The Dane," runs an illegal gambling joint.Here are her income and expenses.Calculate her net taxable income from the gambling joint.

Gross Income/Sales$300,000

Expenses

Rent$30,000

Maintenance and Cleaning$6,000

Bribes to police and inspectors$20,000

Supplies$4,000

Food and drink costs$15,000

Accounting and Legal$10,000

Fines and penalties paid$8,000

Depreciation$10,000