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Sophie & Piper Ltd. has accounting net income of $21883 for the 2020 fiscal year. During the year, the company made contributions to the company's

Sophie & Piper Ltd. has accounting net income of $21883 for the 2020 fiscal year. During the year, the company made contributions to the company's pension plan for two employees. $7113 of pension contributions were made for each employee. These pension contributions were fully expensed in the calculation of accounting net income. The annual compensation amount for employee 1 was $29216. The annual compensation amount for employee 2 was $112972.

What is the company's net income from business for tax purposes for 2020?

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