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The following information for 2016 relates to WeekEnders Corporation, a calendar year, accrual method taxpayer. Net income per books (after-tax) $174,100 Federal income tax expense

The following information for 2016 relates to WeekEnders Corporation, a calendar year, accrual method taxpayer.

Net income per books (after-tax) $174,100

Federal income tax expense per books $86,600

Tax-exempt interest income $4,500

MACRS depreciation in excess of straight-line depreciation used for financial statement purposes $7,200

Excess of capital loss over capital gains $9,400

Nondeductible meals and entertainment $5,500

Interest on loan to purchase tax-exempt bonds $1,100

Based on the above information, use Schedule M1 of Form 1120 to determine Weekly's taxable income for 2016.

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