Butter Corp., a publicly traded C corporation, reports book income of $$161,481,252$ in

Included in the $$161,481,252$ is key person life insurance proceeds of $$151,553$ and

corporate bond interest of $$103,143.$

Butter Corp. reports book expenses of $$57,383,839$ in $2024.$ Included in this is $$30,172$ in

life insurance premiums on key person life insurance policies, $$2,371,449$ in compensation

paid to Butter Corp.$\text{'}$s CEO $($a covered employee$),$ and ordinary & necessary marketing

expenses of $$1,356,978.$ The book expenses of $$57383839$ also includes federal income tax

expense of $$18750000($assume this amount is correct$)$ and depreciation in the amount of

$$1,097,868.$ Tax depreciation for $2024$ is $$1,682,251.$

Assuming Butter Corp. is eligible to file a Schedule M$-1,$ what amount would Butter Corp.

report on Line $7$b of their $2024$ Schedule M$-1?$ Note: Line $7$b is the line just below "Tax

Exempt Interest" and is where the taxpayer lists income that is not subject to taxation other

than tax exempt interest.