1. Albert B. Kennedy (SSN 664-73-7857) receives various Form 1099s during the year. He has

no foreign accounts or trusts. He receives form 1099-INT and 1099-DIV as follows:

Amounts Reported on Form 1099-INT Amount

Bryce Corporation bonds $3,830

Canyon Enterprises corporate bond 490

State of Illinois municipal (tax-exempt) bond $1,750

Amounts Reported on Form 1099-DIV Amount

Exxon Mobil common stock $ 975

UCB Corporation dividend on preferred stock 280

GE dividend reinvested in common stock through

GEs dividend reinvestment plan 108

Required:

From the information provided above, prepare the Kennedys Schedule B (Form 1040), Interest and Ordinary Dividends.

(Find the schedule B from the IRS website.) Show your detailed calculation