See Hill Production, Inc$$s $2022$ Schedule M$-1,$ with only lines $1$ and $8$ completed. fom $1130-5$ coos?

Paos $5$

Schedule M$-1$ Reconcitlation of Income $($Lass$)$ per Books With Income $($Loss$)$ per ReturnReview the corporation$$s Income statement.

Which item explains the difference between line $1$ and $8$ on its Schedule M$-1?$

a$)$ Depreciation deducted on the books, but not on the return

b$)$ Meal expenses deducted on the books, not on the tax return

c$)$ Tax$-$exempt interest income reported on the books

d$)$ Shareholders health insurance premiums deducted on the books, but on the tax return

D is not correct answer