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Determine 2021 taxable income in each of the following instances. Assume that the corporation is a corporation and that book income is before any income

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Determine 2021 taxable income in each of the following instances. Assume that the corporation is a corporation and that book income is before any income tax expense. Required: a. Book income of $53,000 including capital gains of $2,000, a charitable contribution of $1,300, and nonrestaurant meals expenses of $4,500. b. Book income of $95,000 including capital losses of $3,000, a charitable contribution of $52,600, and restaurant meals expenses of $1,200. c. Book income of $79,000 including municipal bond interest of $1,200, a charitable contribution of $4,200, and dividends of $1,400 from a 10% owned domestic corporation. The corporation also has an $6,200 charitable contribution carryover. d. Book income of $132,000 including municipal bond interest of $1,300, a charitable contribution of $3,600, and dividends of $5,700 from a 70% owned domestic corporation. The corporation has a capital loss carryover of $4,600 and a capital gain of $1,200 in the current year

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