Problem 1 (12 marks): ABC Co. is a proprietorship owned by Anna Winter. Its taxation year ends on December 31. For the current year, Anna's accountant, Olaf, has calculated a Net Income for ABC Inc. of $193,200 using generally accepted accounting principles. Other Information: 1. The following expenses were included in accounting expenses: Amortization expense $69,300 Financing fees to organize a business loan 2,000 Cost of sponsoring local events (Through these local promotions the business made more customer relations) 7,200 Advertising on a US television station (Directed at Canadian 9,600 market) Business meals and entertainment 22,000 Loss from theft 16,200 Anna's art lessons for her personal interest 800 Interest paid on late income tax instalments 1,400 2. Olaf has correctly calculated CCA for the year in the amount of S94,200 3. The company spent $9,000 on Landscaping Costs during 2020. in accordance with GAAP, these costs were capitalized and amortized in the accounting records. Required: Prepare a reconciliation to calculate ABC Co.'s net business income for tax purposes per the method we used in class (l.e. 4 steps starting with Accounting Net Income). Show your full responses in the order of the above items and clearly indicate relevant items under the