Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $75,000 Cost of Goods Sold $620,000 Other Operating Expenses $520,000 Sales $2,770,000 Wages and Salaries $380,000 Capital Gain $35,000 Calculate Flip's taxable income for the current year. B 1 2 Taxable income (Net Operating Loss)- 3 D m 4 5 6 7 8 9 10