General's Inc. has the following financial items for the current year. Advertising Expenses $70,000 Cost of Goods Sold $660,000 Other Operating Expenses $310,000 Sales $2,270,000 Wages and Salaries $465,000 Capital Loss $10,000 Calculate General's taxable income for the current year. A B C D E 1 2 Taxable income (Net Operating Loss) 4 5 6 7 CO 9 10