Book income is provided. Need to compute income for TAX purposes. 2022

Service Sales $390,000 Long Term Capital Loss Municipal Bond Interest Income Dividend Income (ordinary \& qualified) Total Revenues 390,000 Expenses: Advertising $12,000 Salaries 105,000 Supplies Travel Seminars and Training Interest Expense - Business Loan Interest Expense - used to purchase Municipal Bonds leals Entertainment Fines \& Penalties Guaranteed Payments - R Guaranteed Payments - L Auto leases Charitable Contributions Payroll taxes Repair \& Maintenance Professional fees Rent Communications Utilities Miscellaneous Depreciation Total Expenses 325,885 Net Income