Clark Corporation Has Income Per Books Before Tax of $1,500,000

Clark Corporation has income per books before tax of $1,500,000.In computing income per books, Clark included $7,000 interest income from tax-exempt municipal bonds and deducted $10,000 for business meal expenses, $50,000 for depreciation expense using the straight-line method and $15,000 accrued for bad debt expense using the allowance method.It actually wrote off only $9,000 in bad debts this year and its tax depreciation expense was $80,000.What is Clark Corporation's taxable income?

A) $1,493,000
B) $1,474,000
C) $1,463,000
D) $1,458,000