Drill co. has filed its tax declaration for 2022 showing an accounting income of KD2.150m. Tax inspection has revealed that the company did not report an income from premium issuance of additional share capital ranging 12% of existing cap. Base of KD1.3m. Also, Drill management has put a kicker cap of o.05% on the issuance to cover for any clerical costs. Tax inspector has found no such cost. The issuance and all proceeds were kept in an escrow account with a local bank yielding an interest rate of 1.25% on all pledged funds.

Required:

Prepare the tax inspection proforma of Drill Co. for the year 2022?