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Income Statement/rax Return Income Expenses OrganizationexpensesOfficersalariesSalariesandwagesRentUtilitiesAdvertisingRepairsTaxes5,707800,000240,00076,80012,00030,0002,00010,000$15,600800,000240,00076,80012,00030,0002,00010,000 TaxesEmployeebenefitsInterestOfficesuppliesDepreciationTotalexpenses10,0002,00010,0007,00075,200$1,270,70710,0002,00010,0007,00030,400$1,235,800 Net income before contributions $625,693 $ 663,000 Charitable cash contributions Pre-tax income $469,270156.423$463,000200.000 Federal tax expense Net income

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Income Statement/rax Return Income Expenses OrganizationexpensesOfficersalariesSalariesandwagesRentUtilitiesAdvertisingRepairsTaxes5,707800,000240,00076,80012,00030,0002,00010,000$15,600800,000240,00076,80012,00030,0002,00010,000 TaxesEmployeebenefitsInterestOfficesuppliesDepreciationTotalexpenses10,0002,00010,0007,00075,200$1,270,70710,0002,00010,0007,00030,400$1,235,800 Net income before contributions $625,693 \$ 663,000 Charitable cash contributions Pre-tax income $469,270156.423$463,000200.000 Federal tax expense Net income $370,72398,547$365,77097.230 Note: There were no shareholder distributions during the year. Complete lines 1a - 30 on the IRS Form 1120, U.S. Corporation Income Tax Return, data-entry sheet below for interTax's first year of operations. Enter the appropriate amounts in the associated cells. Enter all amounts as positive values. Round answers to the nearest dollar. If no entry is required, enter a zero (0). 14 Repairs and maintenance 15 Bad debts 16 Rents 17 Taxes and licenses 18 interest 19 Charitable contributions 20 Depreciation 21 Depletion 22 Advertising 23 Pension, profit-sharing, etc. plans 24 Employee benefit programs 25 Reserved for future use 26 Other deductions \begin{tabular}{|c|} \hline Organization expenses \\ \hline Utilities \\ \hline Office supplies \\ \hline Total other deductions \\ \hline \end{tabular} 27 Total deductions 28 Taxable income before NOL \& special

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