Robo Corporation reported pretax book income of $48,000,000. Our audit team identified the following accounts in the trial balance that may have tax implications. For each item, indicate the amount of the book-tax adjustment, and whether it is permanent or temporary.

1. The beginning balance in the companys reserve for bad debts was $1,500,000. Write-offs were $550,000. The ending balance was $1,800,000.

2. Book depreciation was $14,700,000. Tax depreciation was $12,000,000.

3. The company had an operating loss of $6,000,000 last year. There was no carryback.

4. The company had the following gains and losses from the sale of investment (capital) assets:

Capital gains $7,620,000

Capital losses ( 6,225,000)

Last year, the company had net capital losses of $4,785,000.

5. The company paid a $80,000 fine

6. The company had 8,600,000 in dividend income from companies in which it owns less than 5% of the outstanding stock