Question 11 3 Points Sales for I.B. Sanderson Inc. is $8,000,000. The firm provides parts and supplies for oilfield service companies. The firm interest expense is $100,000 and C.O.G.S is $ 2,000,000. Operating expenses totaled $1000,000. The Dividend income received from the investments it owned was $200,000. Compute the taxable income Use the editor to format your