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Boo Zoo comes to you with the following facts and wants to know what its...

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Accounting

Boo Zoo comes to you with the following facts and wants to know what its line 28 taxable income is for 2019. In 2019 Boo Zoo had the following activity:

Ticket sales $100

Food sales $100

Merchandise sales $300

Officers compensation $50

Employee salaries $50

Meals for the employees $10

Entertainment expenses of $10

Advertising costs of $10

State taxes paid of $100

Inventory purchases of $100

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