BACK Problem 19-4 (Part Level Submission) The accounting records of Headland Inc. show the following data for 2017 (its first year of operations). 1. Life insurance expense on officers was $9,300. 2. Equipment was acquired in early January for $277,000. Straight-line depreciation over a 5-year le is used, with no salvage 3. Interest revenue on State of New York bonds totaled $4,300. warranties were estimated to be $48,500 in 2017. Actual repair and labor costs related to the warranties in 2017 were $9,000. The remainder is estimated to be paid evenly in 2018 and 2019. 5. Gross profit on an accrual basis was $103,000. For tax purposes, S69,100 was recorded on the 6. Fines incurred for pollution violations were $4,500. 7. Pretax financial income was $m,300. The tax rate i, 30%, y (a) Prepare a schedule starting with pretax financial income in 2017 and ending with taxable income in 2017. (Enter negative a mounts using either a negative sign preceding the muwmber e-g. 45 parentheses e.g. (45S)