General's Inc. has the following financial items for the current year: Advertising Expenses $65,000 Cost of Goods Sold $695,000 Other Operating Expenses $325,000 Sales $2,910,000 Wages and Salaries $320,000 Capital Loss $35,000 Calculate General's taxable income for the current year. A B D E 1 N Taxable income (Net Operating Loss) 3 4 5 6 7 8 9 10