Bishop Corporation reports financial statement book income of $600,000. Given the following information from the corporation's records, determine Bishop's taxable net income. 240,000 Deduction for federal income taxes per books |- Tax depreciation in excess of financial depreciation Life insurance proceeds on death of a corporate officer Fines and Penalties 120,000 + 100,000 50,000+ Select 660,000 as your answer+ + Select 670,000 as your answer Select 770,000 as your answert + Select 930, 000 as your answer+