Kittle Instruments Incorporated Incorporated is a an accrual basis, calendar year taxpayer. In 2020 Kittle reported $11,000,000 of net income before tax on its financial statements prepared in accordance with GAAP. Kittle's records also reveal the following information:

• Kittle spent $380,000 on meals for clients
• Kittle paid $140,000 for speeding and parking tickets issued to company service trucks while on call.
• Kittle deducted $4,500 of organization costs for a new business line that began operations in 2020.
• Kittle deducted capital losses of $250,000 in determining its net income under GAAP. Kittle also included capital gains of $50,000 in determining its net income under GAAP.
• Bad Debt Expense for GAAP as determined under the allowance method was $450,000. During 2020 Kittle identified and wrote off $630,000 of accounts receivable.
• Kittle acquired purchased goodwill of $600,000 on July 7, 2016. There was no impairment to goodwill during 2020.

How do you make a book/tax reconciliation to compute Kittle's taxable income ?

How would each adjustment entry be labeled?

Which adjustments would be considered a temporary or permanent difference?