The Talley Corporation had a taxable income of $500,000 from operations after all operating costs bu… Show more The Talley Corporation had a taxable income of $500,000 from operations after all operating costs but before (1) interest charges of $70,000, (2) dividends received of $80,000, (3) dividends paid of $40,000, and (4) income taxes. How much is the firm’s taxable income? $319,500 $454,000 $500,000 $510,000 $414,000 • Show less