General's Inc. has the following financial items for the current year: Advertising Expenses $80,000 Cost of Goods Sold $660,000 Other Operating Expenses $540,000 Sales $1,715,000 Wages and Salaries $470,000 Capital Loss $30,000 Calculate General's taxable income for the current year. A B 1 Taxable income (Net Operating Loss) D E N 3 4 5 6 7 00 9 10