in the current year, tanager corporation (a calendar year c corporation) had operating income of $480,000 and operating expenses of $390,000. in addition, tanager had a long-term capital gain of $55,000 and a short-term capital loss of $40,000.

a. compute tanager's taxable income and tax for the year.
taxable income: $
income tax: $

b. assume the same facts except that tanager's long-term capital gain was $15,000. compute tanager's taxable income and tax for the year.
taxable income: $
income tax: $

Going from point a to point b, the cheetah traveled at an average rate of 70 mph. returning to point a, the cheetah traveled at an average rate of 40 mph. can we say that this cheetah’s average rate was 55 mph? uchet write an equation for the average rate for the trip. remember, the cheetah runs from point a to point b and back to point a. first leg of trip: second leg of trip: ⦁ the following equation represents the average rate for the trip. is this equation equivalent to the one you wrote above? explain why or why not.