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The Dawg corporation owns 15% of Company A and 28.000000000000004% of Company B. Dividends received from Company A were $125,000 and from Company B were $225,000. If Dawg's "adjusted* taxable income is $2,000,000, calculate Dawg's taxable Income after including the dividend information A B D E 1 2 Taxable income $ 18,750 3 4 5 6 7 8 9 10 Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $610,000 Other Operating Expenses $590,000 Sales $2,900,000 Wages and Salaries $455,000 Capital Gain $40,000 Calculate Flip's taxable income for the current year. B C D E 1 N Taxable income (Net Operating Loss) $ 1,195,000 4 von 8 9 10