Tuna Corporation reported pretax book income of $1,006,000. During the current year, the net reserve for warranties increased by $28,000. In addition, book depreciation exceeded tax depreciation by $106,000. Finally, Tuna subtracted a dividends received deduction of $18,000 in computing its current-year taxable income. Book equivalent of taxable income is: Multiple Choice $1,140,000. $1,024,000. $988,000. $1,122,000