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In 2023, Hood Corporation reported book income of $380,000. Included in that amount was $50,000 of municipal bond interest income, $170,000 of federal income tax

In 2023, Hood Corporation reported book income of $380,000. Included in that amount was $50,000 of municipal bond interest income, $170,000 of federal income tax expense and $2,000 interest expense on debt incurred to purchase the municipal bonds. What is Hood's 2023 taxable income

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