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General's Inc. has the following financial items for the current year: Advertising Expenses $95,000 Cost...

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Accounting

General's Inc. has the following financial items for the current year: Advertising Expenses $95,000 Cost of Goods Sold $645,000 Other Operating Expenses $365,000 Sales $1,880,000 Wages and Salaries $460,000 Capital Loss $30,000 Calculate General's taxable income for the current year.

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