Check my work Cramer's federal income tax expense per books was $200,000 . Cramer's book income included $10,000 of dividends received from a domestic corporation in which Cramer owns a 25 percent stock interest, and $4,000 of dividends from a domestic corporation in which Cramer owns a 5 percent stock interest Cramer recognized $10,000 of capital losses this year and no capital gains. Cramer recorded $8,000 of book expense for meals and $10,000 of book expense for entertainment costs. Cramer's depreciation expense for book purposes totaled $400,000. MACRS depreciation was $475.000. eBook a. Compute Cramer's federal taxable income and regular tax liability b. Prepare a Schedule M-1, page 6. Form 1120, reconciling Cramer's book and taxable income. Print eferences Complete this question by entering your answers in the tabs below. Required A Required B Compute Cramer's federal taxable income and regqlar tax liability. (Enter your answers in v Taxable income Tax liability Required B >