If possible, please provide any explanations. I apologize but I'm not the greatest when it comes to this concept

C CORPORATION BOOK-TO-TAX RECONCILIATION. Komohana Corporation, an accrual basis, calendar-year C corporation, began operations on April 1, 2006. For each item below, determine the 2020 Schedule M-1 adjustment to reconcile book income to taxable income, i.e., the amount and the effect ( + or -). Net income per books $850,000 Provision for Federal income taxes. $180,000 Municipal bond interest, $20,000 During 2020, Komohana increased its allowance for uncollectible accounts by $20,000; actual bad debts written off in 2020 were $18,000. Komohana reported depreciation for financial purposes of $125,000; MACRS, & $179 for the year was $150,000 Komohana acquired another corporation in 2012, paying $675,000 for goodwill. Komohana recorded a goodwill impairment loss of $50,000 for financial purposes in 2020. In December 2019. Komohana received $25,000 as an advance payment for an order from a customer. Komohana reported the $25,000 as a liability (unearned income) on its balance sheet at 12/31/19 and as earned income in 2020. In December 2020. Komohana received $30,000 as an advance payment for an order from a customer. Komohana reported the $30,000 as a liability (unearned income) on its balance sheet at 12/31/20. Komohana reported gains of $30,000 and losses of $38.000 from the sale of investments in its Other Revenues & Expenses section of its income statement. Komohana deducted a $6,000 excess charitable contribution carryover from 2019 on its 2020 tax return. Komohana received dividend income from a 15%-owned corporation totaling $60,000. In May 2020. Komohana paid a $10,000 fine to a local government for violating a local ordinance. Taxable Income C CORPORATION BOOK-TO-TAX RECONCILIATION. Komohana Corporation, an accrual basis, calendar-year C corporation, began operations on April 1, 2006. For each item below, determine the 2020 Schedule M-1 adjustment to reconcile book income to taxable income, i.e., the amount and the effect ( + or -). Net income per books $850,000 Provision for Federal income taxes. $180,000 Municipal bond interest, $20,000 During 2020, Komohana increased its allowance for uncollectible accounts by $20,000; actual bad debts written off in 2020 were $18,000. Komohana reported depreciation for financial purposes of $125,000; MACRS, & $179 for the year was $150,000 Komohana acquired another corporation in 2012, paying $675,000 for goodwill. Komohana recorded a goodwill impairment loss of $50,000 for financial purposes in 2020. In December 2019. Komohana received $25,000 as an advance payment for an order from a customer. Komohana reported the $25,000 as a liability (unearned income) on its balance sheet at 12/31/19 and as earned income in 2020. In December 2020. Komohana received $30,000 as an advance payment for an order from a customer. Komohana reported the $30,000 as a liability (unearned income) on its balance sheet at 12/31/20. Komohana reported gains of $30,000 and losses of $38.000 from the sale of investments in its Other Revenues & Expenses section of its income statement. Komohana deducted a $6,000 excess charitable contribution carryover from 2019 on its 2020 tax return. Komohana received dividend income from a 15%-owned corporation totaling $60,000. In May 2020. Komohana paid a $10,000 fine to a local government for violating a local ordinance. Taxable Income