Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $400,000 Other Operating Expenses $395,000 Sales $1795,000 Cost of Equipment purchased during the year (10 year estimate useful life, O salvage value) $335,000 Calculate Flip's taxable liability for the current yeat. A B c D E 1 2 Taxable Liability 3 4 5 6 7 8 10