What is robin ltds taxable income for the year, Taxation

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What is robin ltds taxable income for the year

Problem

During 2022, Robin Ltd, a public corporation, has net income for tax purposes for $400, 000, including $60, 000 of dividends from taxable Canadian corporations and $340, 000 of retailing profits. It made $80, 000 of charitable donations during the year. What is Robin Ltd's taxable income for the year 2022?

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