Question 1 The following information is available for Culver Corporation for 2017 1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $110,000. This difference will reverse in equal amounts of $27,500 over the years 2018-2021 2. Interest received on municipal bonds was $10,100. 3. Rent collected in advance on January 1, 2017, totaled $63,000 for a 3-year period. Of this amount, $42,000 was reported as unearned at December 31, 2017, for book purposes 4. The tax rates are 40% for 2017 and 35% for 2018 and subsequent years. 5. Income taxes of $309,000 are due per the tax return for 2017 6. No deferred taxes existed at the beginning of 2017 Compute taxable income for 2017 Taxable income for 2017 Compute pretax financial income for 2017 Pretax financial income for 2017s