Propiem 10-29 (LO 16-1) LNS Corporation reports revenues of $2,150,000. Included in the $2,150,000 is $23.250 of tax-exempt interest income. LNS reports $1,492,500 in ordinary and necessary business expenses. What is LNS corporation's taxable income for the year? Part 1 of 3 ELS Corporation reported gross receipts for 2016-2018 for scenarios A, B, and C as follows: Year of Existence 2016 2017 2015 Scenario $25,000,000 26,000,000 26.900.000 Scenario B $24,000,000 26,000,000 28,500,000 Scenario $26,500,000 26,000,000 25,500,000 points