Jasmine, Inc., a tax-exempt organization, has $600,000 of net unrelated business income.Total charitable contributions (all associated with the unrelated trade or business) are $60,000.Assuming that the $60,000 is deducted in calculating the $600,000 net unrelated business income, what is Jasmine's unrelated business taxable income?

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The Answer of Jasmine, Inc., a tax-exempt organization, has $600,000 of net unrelated business income.Total charitable contributions (all associated with the unrelated trade or business) are $60,000.Assuming that the $60,000 is deducted in calculating the $600,000 net unrelated business income, what is Jasmine's unrelated business taxable income?