\begin{tabular}{|c|c|c|c|c|c|c|} \hline & & & & & & \\ \hline Hrenetersuls: & 32son000 & & 1 & & & f \\ \hline Coit froout vell: & 3000 & & & & & \\ \hline Onint & 321500 & & & & & 3 \\ \hline \multicolumn{7}{|l|}{ Orentine: } \\ \hline & 350000 & & p & & & \\ \hline & 5000 & & 8 & & & \\ \hline Menter nous & & & & & & \\ \hline & 13.17000 & & & & & 1 \\ \hline \multicolumn{7}{|l|}{ Exyen: } \\ \hline & asine & & 7 & & & \\ \hline & & & 8 & & & \\ \hline Cepresitien & & & r & & & \\ \hline Wh nime innisais & & & & & & \\ \hline & & & p & & & \\ \hline & 600 & & & & & 0 \\ \hline \\ \hline \multicolumn{7}{|l|}{ Wa unnetionporew: } \\ \hline & & & & & & o \\ \hline \\ \hline & 4 & 1 & & 1 & & 1 \\ \hline \end{tabular} Timpanogos Incorporated is an accrual-method, calendar-year corporation. For 2022 , it reported financial statement income after taxes of $1,680,750. Timpanogos provided the following information relating to its 2022 activities: Itfe lesurance proceeds as a result of cto+s death Revenue iron sales (for both book and tax purpases) Fremiums pald on the key-person Mfe Insurance policies. The policles bave no cash surreder value. charitable contributions cost of goods sold for book and tax purposes Interest incoes on tax-exenpt bands Internst pald on loan obtalned to purchase tax-evenpt bands Intental income payments recelved and earned in 2022 kental incone payments recelved in 2021 but earned in 2022 sensis incone payments recelved in 2022 but earned in 2022 bearend tax depceclatiog thook Deprectintion net captial lest net capital las rederal incont tar wyonse for books in 2022 Required: a. Reconclie book income to tavable income for Timpanogos incorporated be sure to start with book income and identify all of the adjustments necebsaty to orive at taxable income