PROBLEM #3 (25pts) The Alpha Beta Corporation had the following items of financial statement income and expenses for the year ended December 31,2015.- Dividend Income Rental Income Interest Income Net loss on sale of stock S200,000 20,000 10,000 30,000 Gross Income $200,000 (80.000 Salaries Expense Net income $120,000 Dividend income was from Ajax Company in which Alpha Beta has a 15% ownership interest. 2 REQUIRED: What is Alpha Beta's taxable income or loss for 20152 Please explain and show all work. PROBLEM #3 (25pts) The Alpha Beta Corporation had the following items of financial statement income and expenses for the year ended December 31,2015.- Dividend Income Rental Income Interest Income Net loss on sale of stock S200,000 20,000 10,000 30,000 Gross Income $200,000 (80.000 Salaries Expense Net income $120,000 Dividend income was from Ajax Company in which Alpha Beta has a 15% ownership interest. 2 REQUIRED: What is Alpha Beta's taxable income or loss for 20152 Please explain and show all work