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The following information is from Robin Hood Inc. Advertising Expenses $ (400,000) Capital Gains $ 150,000 Capital Losses (this year) $ (200,000) Capital Losses (prior

The following information is from Robin Hood Inc.

Advertising Expenses $ (400,000)

Capital Gains $ 150,000

Capital Losses (this year) $ (200,000)

Capital Losses (prior year) $ -

Cost of Goods Sold $ (4,000,000)

Dividend "A" income $ 200,000

Dividend "B" income $ 100,000

Dividend "C" income $ 50,000

General and Admin Expenses $ (1,300,000)

Interest Expense $ (500,000)

Sales $9,000,000

1. How much of Robin's capital gains will be taxable this year?

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