A US manufacturing entity shows the following information in its current year financial records: Net Income per Books: 700,000 Included in Net Income per Books are the following items: Federal Income Tax Expense Property Taxes Dividends Received from a 17%Owned Corporation 150,000 Net 1231 Loss Short-term capital gain Long-term capital gain Short-term capital loss Charitable Contributions 250,000 80,000 40,000 60,000 70,000 45,000 80,000 Based on this information, answer the questions asked in the spaces provided: a) Assume that the corporation is a C Corporation. Provide a schedule showing the corporation's taxable income for the year