For the Year Ended December 31,2013,Prunus,Inc What Is the Taxable Income of Prunus,Inc

For the year ended December 31,2013,Prunus,Inc. ,reported net income before federal income tax expense of $900,000 per the corporation's books.This figure included the following items: $\begin{array}{ll}\text { Interest income on tax-exempt municipal securities } & \$ 30,000 \\\text { Loss on sale of } 1 \text { and acquired in } 1985 \text { as an investment } & \$ 40,000\\\text { Interest expense on loan to purchase tax-exemptmunicipal securities }&\$16,000\end{array}$ What is the taxable income of Prunus,Inc.for 2013?

A) $886,000
B) $900,000
C) $918,000
D) $926,000
E) None of the above