• Book taxable income for the year after taxes was $352,103, which includes the dividend income.
• Book federal income tax expense for the year was $93,597
• Tax depreciation deduction exceeded book depreciation by $25,000.
• The corporation deducted from its book income $5,000 in entertainment-related expenses.
• The corporation paid a $4,000 government fine that was deducted from its book income.
• The corporation claimed a book deduction of $12,500 for allowance for doubtful accounts for receivables generated this year. It wrote-off $8,000 in receivables from prior years that were deemed uncollectible.
• Geo-Jack received a total of $30,000 in taxable dividends and deducted $21,500 for taxes as a dividends received deduction. Assume the amount of dividend income for book is the same as the amount of dividend income for tax.

prepare Geo Jack's M-1 based on the following information