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In 2010, bluebird corporation had operatin gincome of 80,000 and operating expenses fo 30,000. Further, bluebird recognized a ling term capital loss of 20,000, a
In 2010, bluebird corporation had operatin gincome of 80,000 and operating expenses fo 30,000. Further, bluebird recognized a ling term capital loss of 20,000, a long term capital gain of 10,000 and a short term capital gain of 5,000. What is the taxable income to be reported by bluebird corporation in 2010?
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