Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $30,000 Cost of Goods Sold $370,000 Other Operating Expenses $370,000 Sales $2.880,000 Cost of Equipment purchased during the year (10 year estimate useful life. O salvage value) $330,000 Calculate Flip's taxable liability for the current year. % Answer is complete but not entirely correct. A B D E 1 2 Taxable Liability $ 436,170 3 4 5