Schedule M1 of Form 1120 is used to reconcile financial accounting net income with taxable income reported on the corporations income tax return as follows:

Net income per books+Additions-Subtractions=Taxable income

Classify the following items as additions or subtractions in the Schedule M1 reconciliation.

a. Life insurance proceeds received upon the death of a covered executive.

b. Tax depreciation in excess of book depreciation.

c. Federal income tax per books.

d. Capital loss in excess of capital gain.