Comprehensive income items - Marketable securities on the balance sheet at a cost of $5,S, are availableforsale I Market value at the balance sheet date is $5,235,9i] l Prepare the adjusting entry to record the unrealized loss and include in comprehensive income Tax information and implications - $1,5DCI in meal and entertainment expenses show as a permanent difference for tax. Prepare the necessary adjusting entry. I The company uses straight line depreciation for book and MAKERS depreciation for the tax return a MACRS depreciation was $2os,3o1 higher than book. Prepare the adiusting entry for the deferred tax. I There have been recent tax structure changes the could impact the company. Peyton Approved has been a C Corp since the beginning of these changes. Peyton provides for taxes at 25% of pretax income [2:396 Federal, 5% state]