Timpanogos Incorporated is an accrual$-$method, calendar$-$year corporation. For $2023,$ It reported financlal statement Income after

taxes of $$1,369,100.$ Timpanogos provided the following information relating to its activities for the year:

Required:

a$.$ Reconcile book Income to taxable income for Timpanogos Incorporated. Be sure to start with book Income and identify all of the

adjustments necessary to arrive at taxable income.

b$.$ Identify each book$-$tax difference as elther permanent $(P)$ or temporary $(T).$

c$.$ Complete Schedule M$-1$ for TImpanogos.

d$.$ Compute TImpanogos Incorporated's tax Ilability.