For each independent situation below, calculate the corporation's taxable income (loss) for its Form 1120, U.S. Corporation Income Tax Return. Column A lists preliminary taxable income excluding additional tax return items shown in Column B. Enter the taxable income (loss) in the associated cells in column C on the spreadsheet below.

A	B	C
Preliminary Taxable	Additional Tax	Form 1120 Taxable
Income (Loss)	Return Item(s)	Income (Loss)
$108,000	$25,000 of charitable contributions
$166,000	$17,000 of charitable contributions
$205,000	$15,000 of charitable contributions, and $25,000 of dividends from less-than-20%-owned domestic corporations
$254,000	$41,000 of dividends received from a 45%-owned domestic corporation
$83,000	$10,000 of dividends received from a 10%-owned domestic corporation, and a $20,000 net operating loss carryover from the prior year
($47,000)	$10,000 of charitable contributions and $15,000 of dividends received from a 15%-owned domestic corporation
($28,000)	$200,000 of dividends received from a 25%-owned domestic corporation