General's Inc. has the following financial items for the current year: Advertising Expenses $65,000 Cost of Goods Sold $715,000 Other Operating Expenses $495,000 Sales $1,820,000 Wages and Salaries $350,000 Capital Loss $35,000 Calculate General's taxable income for the current year. A D E 1 2 Taxable Income (Net Operating Loss)= 3 4 5 6 7 8 9 10