COMPLETE FORM 1120, 1125-A, FORM 1120 SCHEDULE G, AND 1125-E

On February 12, 2004, Nancy Trout and Delores Lake formed Kingfisher Corpora- tion to sell fishing tackle. Pertinent information regarding Kingfisher is summarized as follows.

Kingfisher's business address is 1717 Main Street, Ely, MN 55731; its telephone number is (218) 555-2211; and its e-mail address is kingfisher at kf.com.

The employer identification number is 11-1111111, and the principal business activity code is 451110.

Nancy owns 50% of the common stock and is president of the company, and Delores owns 50% of the common stock and is vice president of the company. No other class of stock is authorized.

Both Nancy and Delores are full-time employees of Kingfisher. Nancy's Social Secu- rity number is 123-45-6789, and Delores's Social Security number is 987-65-4321.

Kingfisher is an accrual method, calendar year taxpayer. Inventories are deter- mined using FIFO and the lower of cost or market method. Kingfisher uses the straight-line method of deprecation for book purposes and accelerated deprecia- tion (MACRS) for tax purposes.

During 2015, the corporation distributed cash dividends of $80,000.

COMPLETE FORM 1120, 1125-A, FORM 1120 SCHEDULE G, AND 1125-E