Question 15 Bu had gross profs of $2.500.000. Operating expenses were $595.000 and interest expenses incurred were $362.000 Stock purchased for $37.500 was sold 15 months later for $50.500. Management declared a 5500,000 common stock dividend and a $270.000 preferred stock dividend. What is Buite's taxable income? 51.056.000 51 556.000 $1,503,500 5768.000