Can I please get some help completing this corporate tax return. Thank you.

Corporate Tax Return Problem Required: Complete ALC Corporation's 2016 Form 1120 and 1125-A using the information provided on this sheet and on the excels spreadsheets. Forms 4562 and 4797 are not required because ALC did not acquire or dispose of any equipment. Assume that ALC is not subject to the alternative minimum tax. Facts: ALC was created in 2010, and incorporated on July 1, 2011. It is located at 521 Woodhill Street, Dallas, TX 75235. ALC's Employer Identification Number is 41-5267743. ALC is a retailer of hobby supplies and its business activity code is 423920. ALC uses the accrual method of accounting and has a calendar year end. ALC made timely estimated federal tax payments of$10,000, every quarter. ALC is a small corporation, but no shareholder owns more than 18% of the stock directly, or 50% indirectly. ALC Income Statement For the Year Ending December 31, 2016 Revenue from sales Sales returns and allowances Cost of goods sold Gross profit 1,910,000 (15,000) (660,000) 1,235,000 Expenses Wages and salaries Bad debt expense 760,000 7,500 Depreciation 40,000 Repairs and maintenance 16,000 Property taxes 7,500 Interest 22,500 Advertising 35,000 Legal and professional expense 17,000 Meal and entertainment expense Employee benefits 6,000 52,000 Total expenses Income before taxes 963,500 271,500 Federal tax expense 97,000 Net income 174,500 ALC Balance Sheet 2016 Assets January 1 Cash December 31 55,000 138,500 Accounts receivable 400,000 470,000 Allowance for doubtful accounts (18,000) (23,000) 40,000 Prepaid taxes Inventory 595,000 590,000 Investments in stocks and bonds 100,000 800,000 145,000 800,000 (245,000) (285,000) 150,000 1,837,000 150,000 2,025,500 200,000 220,000 65,000 Other liabilities 400,000 110,000 80,000 390,000 99,000 Capital stock 250,000 250,000 Retained earnings 812,000 986,500 2,025,500 Buildings and other depreciable assets Accumulated depreciation Land Total assets Liabilities and Shareholders' Equity Accounts payable Other current liabilities Long-term debt Total liabilities and shareholders' equity 1,837,000 Notes: ALC wrote off $2,500 in accounts receivable in 2016. Tax depreciation for 2016 was $70,000. ALC is a retailer so none of this depreciation is reported as part of cost of goods sold on Form 1125-A. ALC's inventory is valued at cost, using the first-in first-out cost flow method. ALC is a small corporation that is not subject to uniform capitalization rules. (263A) ALC made quartely estimated federal tax payments of $10,000. Since it is located in Texas, it does not pay state income tax