Problem 11-9 Schedule M-1 (LO 11.4) Caloundra Corporation has book income of $40,000. Included in the book income is $3,000 of tax-exempt interest, $7,000 of book income tax expense, and a $2,000 non-deductible fine. Also included in book income are $10,000 of dividends Caloundra received from a 30 percent owned corporation. Using this information and Form 1120, provide the amounts that go on each line on the form. Click here to access a blank Form 1120 and accompanying instructions. a. Form 1120, Schedule M-1 Line 1 40,000 b. Form 1120, Schedule M-1, Line 10 $ 40,000 X C. Form 1120, Page 1, Line 28 d. Form 1120, Schedule C, Line 2(a) Form 1120, Schedule C, Line 2(0) $ e. Form 1120, Schedule C, Line 24 49 f. Form 1120, Page 1, Line 295 g. Form 1120, Page 1, Line 30