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David Corp has gross profits on sales of $240,000, and deductible expenses of $150,000. In addition, David has a net capital gain of $30,000 and
David Corp has gross profits on sales of $240,000, and deductible expenses of $150,000. In addition, David has a net capital gain of $30,000 and dividends paid of $10,000. What is Davids taxable income?
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