Determine the amount of taxable income and separately stated items in each of the below case, assuming the corporation is a Subchapter S corporation....

Determine the amount of taxable income and separately stated items in each of the below case, assuming the corporation is a Subchapter S corporation. Ignore any carryforward items.

1. Corporate financial statement: net income of $54,500 including tax expense of $16,000, charitable contributions of $3,000, and depreciation expense of $38,500. Depreciation expense for tax purposes is $47,600.
2. Corporate financial statement: net income of $143,000 including tax expense of $69,500, charitable contributions of $28,000, depreciation expense of $105,500, and meals expenses of $32,000. Depreciation expense for tax purposes is $148,000.
3. Corporate financial statement: net income of $230,500 including tax expense of $112,800, charitable contributions of $16,000, municipal bond interest of $20,300, meals expenses of $44,000, capital gains of $6,500, and depreciation expense of $145,500. Depreciation expense for tax purposes is $133,500, and the corporation has a $7,350 charitable contribution carryforward for the current year.