I need to calculate adjustment charitable contribution for corporation. The contribution paid in cash.

I need to calculate adjustment charitable contribution for corporation. The contribution paid in cash.

                                                             debit                             credit

net sales                                                                              3,750,000

dividends                                                                              29,000

Interest                                                                                  12,000

Gain on sale of stock                                                             35,000

Key-person Life ins.proc                                                            110,000

GOS                                              2,150,000

Salaries & wages                               460,000

Bad debts                                        16,000

Payroll Taxes                                    90,000

Interest expense                                  22,000

Charitable contribution                       130,000

Depreciation                                       55,000

Other expenses                                 50,000

Federal income taxes                         272,782

Net income /Taxable income

before special deductions                    690,218

Total                                                 3,936,000                            3,936,000