Big$-$Time Business has $$240,000$ of revenues for the year. They also have the following expenses during the year: Cost of Goods Sold: $$105,000$ Meals : $$7,000$ Police Bribes: $$1,000$ Speed boat for entertainment: $$75,000$ Employee Wages: $$55,000$ Payroll Taxes: $$5,700$ What is the amount of Big$-$Time$$s Taxable Income? Group of answer choices $$127,000-$$$8,700$ $$40,80099,000$