Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $40,000 Cost of Goods Sold $380,000 Other Operating Expenses $325,000 Sales $2,855,000 Cost of Equipment purchased during the year (10 year estimate useful life, O salvage value) $515,000 Calculate Fllp's taxable llability for the current year. A B D E 1 Taxable Liability U AWN 5 6 7 8 9 10