need help with Schedule M-2 line #2 (Net Income (loss) per books. And Schedule M-1 line #1 and #2.

Aspen Corporation was formed and began operations on January 1, 2019. the followinf income statemet for the year ended Decmeber 31,2019 are as follows:

gross income $285,000

qualified DRD $10,000

cost of goods ($80,000)

other expenses:

compensation of officers $90,000

salaries & wages $82,000

repairs $8,000

depreciation $5,000

payroll taxes $11,000

Net Income (before federal income tax expense) $19,000

Balance sheet is as follows:

cash $35,000

AR $10,000

Land $18,000

Building $125,000

accumulaed Depreciation ($5,000)

AP $26,940

Common stock $140,000

retained earnings $16,060

Apsen Corp made estimated tax payments of $3,000. Assume the corporation's book federal income tax expense is equal to its 2019 federal income tax liability.

Form 1120: Pages 3, 4, 5, and 6 Echedule M-2 Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L) 1 Balance at beginning of year 0 5 Distributions: a Cash... 2 Net Income (loss) per books. 19,000 X b Stock .. 3 Other increases (itemize): c Property 6 Other decreases (itemize):_ 7 Add lines 5 and 6..... 0 Add lines 1, 2, and 3 19,000 X 8 Balance at end of year (line 4 less line 7) 19,000 3 Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return Note: The corporation may be required to file Schedule M-3. See Instructions. 1 Net Income (loss) per books 19,000 x 7 Income recorded on books this year not included on this return (itemize): 2 Federal income tax per books......... Tax-exempt interest Excess of capital losses over capital gains... 4 Income subject to tax not recorded on books this year (itemize): 8 Deductions on this return not charged against book income this year (itemize): 5 Expenses recorded on books this year not a Depreciation .... deducted on this return (itemize): b Charitable contributions .... a Depreciation