Excite Corporation reports taxable income of $$800,000$ on its federal income tax return. Given the following information from the corporation's records, determine its M$-1$ book income:

Deduction for federal income taxes per financial accounting records $$272,000$

Depreciation claimed on the tax return $$140,000$

Depreciation recorded on the financial accounting records $80,000$

Dividends$-$received deduction $48,000$

Life insurance proceeds on death of corporate officer $90,000$