Question 73 of 75 Dawson's Inc. paid the following expenses during 2018 (calendar year entity): Officer's compensation was 575,000, paid to Ms. Dawson who devotes 100% of her time to the business. All other salaries were associated with Cost of Goods Sold labor. The company purchased their office building for $125,000 on April 15, 2017. The company paid bank charges of 56,757 for the year, and interest expense of $4,718 (not limited) Deductible sales taxes totaled $21,000. . During the year, Dawson's Inc, contributed $5,000 to various charitable organizations Other business deductions consist of: $12,000 for advertising. $4,000 insurance. $5,000 licenses. $1,500 legal and professional $3,200 utilities. $1,000 office supplies. What are the total deductions to be reported on Form 1120, line 27? O $137,662 $139,175 $142,380 $145,585