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In its first year, Camco, Incorporated generated a $ 1 0 0 , 0 0 0 net operating loss, and it made a $ 5

In its first year, Camco, Incorporated generated a $100,000 net operating loss, and it made a $5,800 cash donation to a local charity. In
its second year, Camco generated a $222,600 profit, and it made a $10,800 donation to the same charity.
Required:
Compute Camco's taxable income for its second year.
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