5400 Jackson St., High Point, NC 27265 Both Priscilla and Johnny devote 100% of their time to the business. Priscilla contributed cash and property to Funky Chicken in exchange for 300 shares of common stock with a par value of $120,000. Johnny contributed cash and property to Funky Chicken in exchange for 700 shares of common stock with a par value of $280,000. Common Stock has not changed since the business began on June 1, 2007. Requirements: 1 Prepare Pages 1-5 of Form 1120. (Be sure you attach supporting schedules for any lines that say "Other.") 2 Form 4562 for depreciation is not required. 3 Prepare Form 4797