Determine the effect of the following item on the reconciliation of Net Income for Accounting

Purposes to minimum Net Income for Tax Purposes $($NIFTP$).$

Additions in reconciliation should be entered in the box as a positive number $($write only

numbers, do not write $"+"$ sign$).$

Deductions in reconciliation should be entered in the box as a negative number.

If the item would have no effect on the reconciliation, enter the number $0($zero$)$ in the box.

The salary expense that was deducted for the year included a bonus payable to the Company's president in the amount of $$18,787.$ It will be paid on February $1,2024.$

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