ABC is a calendar year C corporation. Can you please help me fill out an M-1 schedule using Form 1120 with the information below Book income: 1,354,000 depreciation per books: 47,000 bad debt income: 150,000 officers life insurance: 220,000 DPAD: 74,000 Federal tax refund: 42,000 meals: 102,000 deferred tax expense: 33,000 tax exempt income: (-103,000) repairs: 33,000 travel: 77,000 salaries ( market only pays 40,000): 45,000 credit card expense: 32,500 advertising: 22,000 payroll expense: 2,000 selling expense: 21,000 Balance sheet: Assets: (half year-ignore section 179 and bonus) computer (5 year): 14,000 machinery (5 year): 330,000 off the shelf software (3 year): 2,000 furniture (7 year): 110,000 A/R Reserve Beginning: 1,200,000 Ending: 1,050,000