Dutchess Bosco, Inc. reports net income per the books amounting to $32,590,062. The corporation reports the following activity: Unearned Revenue: $808,372 Life Insurance Proceeds $24.446,039 Depreciation deducted on the tax return: $5,241.450 Depreciation recorded on the books: $2.526,103 Excess Capital Losses: $170,035 Tax Exempt Interest: $5,932,620 Charitable Contributions recorded on the books: $220,365 Charitable Contributions deducted on the tax return: $480,372 Bad Debts Expense recorded on the books: $495,771 Bad Debts Expense deducted on the tax return: $372,471 Federal Income Tax Expense: $6,957.004 Required: Using the attatched spreadsheet, prepare the corporation's Schedule M-1 reconciliation from book income to taxable income.