Timpanogos Incorporated is an accrual$-$method, calendar$-$year corporation. For $20$XX$,$Timpanogos Incorporated is an accrual$-$method, calendar$-$year corporation. For $20$XX$,$ it reported financial statement income after

taxes of $$1,572,350.$ 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. it reported financial statement income after taxes of $$1,572,350.$ Timpanogos provided the following information relating to its activities for the year: