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

In its first year, Camco, Incorporated generated a $ $101, 000$ net operating loss, and it made a $ $5, 900$ cash donation to a local charity. In its second year, Camco generated a $ $224, 100$ profit, and it made a $ $10, 900$ donation to the same charity.

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Compute Camco $’$ s taxable income for its second year.

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