The accounting records of Cullumber Inc. show the following data for $2025($its first year of operations$).$

Life insurance expense on officers was $$9,400.$

Equipment was acquired in early January for $$275,000.$ Straight$-$line depreciation over a $5-$year life is used, with no salvage value. For tax purposes, Cullumber used a $30\%$ rate to calculate depreciation.

Interest revenue on State of New York bonds totaled $$3,800.$

Product warranties were estimated to be $$52,500$ in $2025.$ Actual repair and labor costs related to the warranties in $2025$ were $$9,700.$ The remainder is estimated to be paid evenly in $2026$ and $2027.$

Gross profit on an accrual basis was $$96,000.$ For tax purposes, $$72,100$ was recorded on the installment$-$sales method.

Fines incurred for pollution violations were $$4,200.$

Pretax financial income was $$739,000.$ The tax rate is $30\%.$

$($a$)$

Your answer is partially correct.

Prepare a schedule starting with pretax financial income in $2025$ and ending with taxable income in $2025.$

$\backslash$table$[[\backslash$table$[[$Schedule of Pretax Financial Income$],[$and Taxable Income for $2025]]],[$Pretax financial income$],[$Permanent differences$],[$Temporary differences$],[$Bond Interest Revenue $*],[$Installment Sales$],[$Taxable income$]]$