Question: In its first year, Camco, Incorporated generated a $ 1 0 5 , 0 0 0 net operating loss, and it made a $ 6

In its first year, Camco, Incorporated generated a $105,000 net operating

In its first year, Camco, Incorporated generated a $105,000 net operating loss, and it made a $6,300 cash donation to a local charity. In its second year, Camco generated a $230,100 profit, and it made a $11,300 donation to the same charity.
Required:
Compute Camco's taxable income for its second year.
loss, and it made a $6,300 cash donation to a local charity.

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