Znarkel Inc. has calculated their Net Income For Accounting Purposes to be $5,072. The following information was included in their calculation of Net Income for Accounting, unless otherwise indicated. They have asked you to calculate their Net Income for Tax Purposes using the Reconciliation Method. Indicate the amount you would add or deduct to calculate Net Income For Tax Purposes for 2023. If there is no adjustment record 0. You are only required to show the adjustments. Do not calculate net income for tax purposes. Item Adjustment Operating expenses of business vehicles $10,000 Payments to sales people, $120,000 Business meals, $10,500 Insurance proceeds received due to closure of plant because of a fire, $25,000 Customers paid $10,000 in advance for work to be done next year. This was included in income. Advertising expense, $6,000. At year-end 1/3 of this amount had not been used. Depreciation expense, $55,000 Amortization expense, $1,000 Repair to manufacturing building that will extend the life of the building, $130,000 Appraisal fees for insuring assets, $2,000 Costs of issuing shares, $2,500 Business entertainment expenses, $3,000 US advertising publications directed at a Canadian audience, $5,000 Interest on GST amount owing, $300 Amortization of bond discount, $800 Bonus payment, $30,000. Business year end is December 31. Bonus paid July 15 of following year. Charitable donations, $1,000 Sponsoring little league baseball, $500 Sale of non-depreciable asset; proceeds $5,000 cost $1,000 = gain $4,000 Interest on business loan, $4,000 Sold depreciable asset: Proceeds 100 book value 50 = accounting gain of 50 (cost is 105) Items not included: CCA, $60,000 Terminal loss, $5,000 Landscaping costs capitalized for accounting, $35,000