Maize Corporation Had $100,000 Operating Income and $40,000 Operating Expenses

Multiple Choice

Maize Corporation had $100,000 operating income and $40,000 operating expenses during the year.In addition,Maize had a $3,000 long-term capital gain and a $5,000 short-term capital loss.Compute Maize's taxable income for the year.

A) $60,000.
B) $108,000.
C) $109,000.
D) $111,000.
E) None of the above.