Sales Cost of goods sold Gross profit $33,000,000 -22,000,000 $11,000,000 Dividend income Tax-exempt interest income Total income Expenses:

*** attachment has accounts in excel spreadsheet

Additional information for 2015:

1. Depreciation for tax purposes is $2.45 million under MACRS.
2. Bad debt expense for tax purposes is $425,000 under the direct writeoff method.
3. Qualified production activities income is $3 million.

Required for 2015:

a.     

b.     

c.      

d.