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Susie Corp makes diamond paintings and has the following items in 2020. Gross Revenue: Cost of Goods Sold: Rent Expense: Interest Expense: Interest Expense

 

Susie Corp makes diamond paintings and has the following items in 2020. Gross Revenue: Cost of Goods Sold: Rent Expense: Interest Expense: Interest Expense on municipal bond investment Parking tickets: Personal meals: Officer Life Insurance Premiums (Susie Corp is beneficiary): Payback of loan: What is the corporation's taxable income? $200,000 $60,000 $10,000 $3000 $5000 $1500 $2500 $5000 $10,000

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