Acme Inc.sold three capital assets this year.The corporation realized an $18,900 gain on the first sale,a $93,000 loss on the second sale,and a $40,000 gain on the third sale.If Acme's ordinary taxable income from operations was $250,000,compute Acme's taxable income.

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The Answer of Acme Inc.sold three capital assets this year.The corporation realized an $18,900 gain on the first sale,a $93,000 loss on the second sale,and a $40,000 gain on the third sale.If Acme's ordinary taxable income from operations was $250,000,compute Acme's taxable income.

Acme IncSold Three Capital Assets This Year