Robin Corporation has ordinary income from operations of $30,000, net long-term capital gain of $10,000, and net short-term capital loss of $15,000.What is the taxable income for 2019?
A)$25,000
B)$27,000
C)$28,500
D)$30,000
E)None of these.

Question

Quizplus · Accepted Answer

The Answer of Robin Corporation has ordinary income from operations of $30,000, net long-term capital gain of $10,000, and net short-term capital loss of $15,000.What is the taxable income for 2019?
A)$25,000
B)$27,000
C)$28,500
D)$30,000
E)None of these.

Robin Corporation Has Ordinary Income from Operations of $30,000, Net