Yellow Corporation had $300,000 operating income and $75,000 operating expenses during the year.In addition, Yellow had a $200,000 short-term capital gain and a $300,000 short-term capital loss.Compute Yellow's taxable income for the year.
A)$425,000.
B)$225,000.
C)$222,000.
D)$125,000.
E)None of the above.

Question

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The Answer is B

Yellow Corporation Had $300,000 Operating Income and $75,000 Operating Expenses