Complete the Form 1120 template schedule L that is listed (show calculations) if any:

INVESTOR INFORAMTION First Name Last Name Anderson SSN 756-12-1111 756-12-2222 756-12-3333 756-12-4444 756-12-5555 756-12-6666 756-12-7777 Address State Shareholder Information Shareholder Shareholder Shareholder Shareholder Shareholder Shareholder Shareholder Andrew Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta 30039 30039 30039 30039 30039 30039 30039 20 S 30 S Da Elders Fawcett Gonzalez El Farah GA Wa INVESTMENT IN STOCK Investor Contribution Contribution I Contribution 2 Contribution 3 Contribution 4 Item ValueItem Value Contribution Interest Sharholder SSN 756-12-1111 756-12-2222 756-12-3333 756-12-4444 756-12-5555 756-12-6666 756-12-7777 First Name Last Name Item 50,000 50,000 S150,000 S100,000 50,000 $40.000 $80,000 AndrewAnderson 4/2/16 4/2/16 4/2/16 S150,000 $100,000 Cath 20% Da Elders Fawcett $50,000 $40,000 S30,000 Land $10,000 Computer ris 10% Farah 50,000 $7,000 Fumiture$3,000 16% 4/2/16 Cash 100% BALANCE SHEET-BEGINNING BADEC, Inc Balance Sheet As of 4/2/2016 Assets Computer Furniture Land 430,000.00 7,000.00 3,000.00 50,000.00 490.000.00 Total Assets Liabilities Total Liabilities Stockholders Equity Common Stock Retained Earnings 490.000.00 0.00 490,000.00 INCOME STATEMENT BADEC, Inc. Income Statement For the period: 04/02/2016-12/31/2016 Gross Income Repair Revenue Interest Income $100,000.00 600.00 2000.00 5000.00 $107,600.0 Net Short-term Capital Gain Total Income from all sources Expenses and 5,500.00 ,500.00 2,065.75 500.00 800.00 700.00 0,000.00 5,000.00 36,065.75 Renovation Expense Rent Depreciaton expense Travel Expenses Supplies Expenses Net Long-term Capital Loss Charitable Contributions Total Expenses Net Income (before federal income taxes) $71.534 25 BADEC INC Statement of Retained earnings For the Period 04/02/2016-12/31/2016 $0.00 $71,534.25 Beginning etained Earnings Net Income Cash Divid nd 06-30-2016, $5000 Cash Divide nd 09/30/2016. $6,000 Cash Divid nd 12/30/2016. $7,000 Total Dividends paid $18,000 $53,534.25 Retained E 12/31/2016 BALANCE BADEC Inc SHEET ENDING Balance Sheet 12/31/16 Assets Cash Computer AccDep-Computer Furniture AccDep-Furniture Land $485,600.00 7,000.00 1,745.21) 3,000.00 (320.55) 50,000.00 $ 543534.25 Total Assets Liabilities Total Liabilities Stockholders Equity Common Stock Retained Earnings $ 490,000.00 53,534.25 3,534.25 Total Liabilities and StockholdersE 12/31/2016 ets $485,600 $7,000 $(1.745) $3,000 $(321) $50,000 $543,534 mputer ccDep-Computer Furniture cDep-Furniture Total Assets Liabilities Equity $53,534 $50,000 $150,000 $100,000 $50,000 $40,000 $80,000 $20,000 $543,534 etained Earnings tock-Anderson tock-Bacon Stock-Cox tock-Day Stock-Elders Stock-Fawcett Stock-Gonzalez Total Liabilities plus Equity Form 1120 2018) Schedule L Page Balance Sheets per Books Beginning of tax End of tax Assets 1 Cash 2a Trade notes and accounts receivable . b Less allowance for bad debts... 3 Inventories 5 Tax-exempt securities (see instructions) 6 Other current assets (attach statement) 7 Loans to shareholders.. .. 8 Mortgage and real estate loans 9 Other investments (attach statement) .. 10a Buildings and other depreciable assets b Less accumulated depreciaton.. . 11a Depletable assets b Less accumulated depletion.. . 12 Land (net of any amortization) .. 13a Intangible assets (amortizable only) .. b Less accumulated amortization .. . . 14 Other assets (attach statement). .. 15 Total assets Liabilities and Shareholders' Equity 16 Accounts payable 17 Mortgages, notes, bonds payable in less than 1 year 18 Other current liabilties (attach statement) 19 Loans from shareholders 20 Mortgages, notes, bonds payable in 1 year or more 21 Other liabilities (attach statement 22 Capital stock: a Preferred stock. b Common stock.. . 23 Additional paid-in capital . 24 Retained eamings-Appropriated (attach statement 25 Retained earnings-Unappropriated . 26 Adjustments to shareholders' equity (attach statement 27 Less cost of treasury stock.. 28 Total iabilities and shareholders' e Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Retum Note: The corporation may be required to file Schedule M-3. See instructions 1 Net income (loss) per books .. 2 Federal income tax per books.. . . 3 Excess of capital losses over capital gains 4 Income subject to tax not recorded on books Income recorded on books this year not included on this return (itemize): Tax-exempt interest 7 this year (itemize) 8 Deductions on this return not charged aganst book income this year (itemize): 5 Expenses recorded on books this year not deducted on this return (itemize) a Depreciation b Charitable contributions c Travel and entertainment. $ a Depreciation b Charitable contributions $ 9 Add lines 7 and 8... 10 Income 6 Add lines 1 through 5 Schedule M-2 1, line 28)-line 6 less line 9 Analysis of Una riated Retained Earnings per Books (Line 25, Schedule 1Balance at beginning of year.. 5 Distributions: a Cash... . Stock... c Property 3 Other increases (temize): Other decreases (itemize): Add ines 5 and 6 .. 4 Add lines 1, 2, and 3 Balance at end of line 4 less ine 7 Form 1120 2018) INVESTOR INFORAMTION First Name Last Name Anderson SSN 756-12-1111 756-12-2222 756-12-3333 756-12-4444 756-12-5555 756-12-6666 756-12-7777 Address State Shareholder Information Shareholder Shareholder Shareholder Shareholder Shareholder Shareholder Shareholder Andrew Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta 30039 30039 30039 30039 30039 30039 30039 20 S 30 S Da Elders Fawcett Gonzalez El Farah GA Wa INVESTMENT IN STOCK Investor Contribution Contribution I Contribution 2 Contribution 3 Contribution 4 Item ValueItem Value Contribution Interest Sharholder SSN 756-12-1111 756-12-2222 756-12-3333 756-12-4444 756-12-5555 756-12-6666 756-12-7777 First Name Last Name Item 50,000 50,000 S150,000 S100,000 50,000 $40.000 $80,000 AndrewAnderson 4/2/16 4/2/16 4/2/16 S150,000 $100,000 Cath 20% Da Elders Fawcett $50,000 $40,000 S30,000 Land $10,000 Computer ris 10% Farah 50,000 $7,000 Fumiture$3,000 16% 4/2/16 Cash 100% BALANCE SHEET-BEGINNING BADEC, Inc Balance Sheet As of 4/2/2016 Assets Computer Furniture Land 430,000.00 7,000.00 3,000.00 50,000.00 490.000.00 Total Assets Liabilities Total Liabilities Stockholders Equity Common Stock Retained Earnings 490.000.00 0.00 490,000.00 INCOME STATEMENT BADEC, Inc. Income Statement For the period: 04/02/2016-12/31/2016 Gross Income Repair Revenue Interest Income $100,000.00 600.00 2000.00 5000.00 $107,600.0 Net Short-term Capital Gain Total Income from all sources Expenses and 5,500.00 ,500.00 2,065.75 500.00 800.00 700.00 0,000.00 5,000.00 36,065.75 Renovation Expense Rent Depreciaton expense Travel Expenses Supplies Expenses Net Long-term Capital Loss Charitable Contributions Total Expenses Net Income (before federal income taxes) $71.534 25 BADEC INC Statement of Retained earnings For the Period 04/02/2016-12/31/2016 $0.00 $71,534.25 Beginning etained Earnings Net Income Cash Divid nd 06-30-2016, $5000 Cash Divide nd 09/30/2016. $6,000 Cash Divid nd 12/30/2016. $7,000 Total Dividends paid $18,000 $53,534.25 Retained E 12/31/2016 BALANCE BADEC Inc SHEET ENDING Balance Sheet 12/31/16 Assets Cash Computer AccDep-Computer Furniture AccDep-Furniture Land $485,600.00 7,000.00 1,745.21) 3,000.00 (320.55) 50,000.00 $ 543534.25 Total Assets Liabilities Total Liabilities Stockholders Equity Common Stock Retained Earnings $ 490,000.00 53,534.25 3,534.25 Total Liabilities and StockholdersE 12/31/2016 ets $485,600 $7,000 $(1.745) $3,000 $(321) $50,000 $543,534 mputer ccDep-Computer Furniture cDep-Furniture Total Assets Liabilities Equity $53,534 $50,000 $150,000 $100,000 $50,000 $40,000 $80,000 $20,000 $543,534 etained Earnings tock-Anderson tock-Bacon Stock-Cox tock-Day Stock-Elders Stock-Fawcett Stock-Gonzalez Total Liabilities plus Equity Form 1120 2018) Schedule L Page Balance Sheets per Books Beginning of tax End of tax Assets 1 Cash 2a Trade notes and accounts receivable . b Less allowance for bad debts... 3 Inventories 5 Tax-exempt securities (see instructions) 6 Other current assets (attach statement) 7 Loans to shareholders.. .. 8 Mortgage and real estate loans 9 Other investments (attach statement) .. 10a Buildings and other depreciable assets b Less accumulated depreciaton.. . 11a Depletable assets b Less accumulated depletion.. . 12 Land (net of any amortization) .. 13a Intangible assets (amortizable only) .. b Less accumulated amortization .. . . 14 Other assets (attach statement). .. 15 Total assets Liabilities and Shareholders' Equity 16 Accounts payable 17 Mortgages, notes, bonds payable in less than 1 year 18 Other current liabilties (attach statement) 19 Loans from shareholders 20 Mortgages, notes, bonds payable in 1 year or more 21 Other liabilities (attach statement 22 Capital stock: a Preferred stock. b Common stock.. . 23 Additional paid-in capital . 24 Retained eamings-Appropriated (attach statement 25 Retained earnings-Unappropriated . 26 Adjustments to shareholders' equity (attach statement 27 Less cost of treasury stock.. 28 Total iabilities and shareholders' e Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Retum Note: The corporation may be required to file Schedule M-3. See instructions 1 Net income (loss) per books .. 2 Federal income tax per books.. . . 3 Excess of capital losses over capital gains 4 Income subject to tax not recorded on books Income recorded on books this year not included on this return (itemize): Tax-exempt interest 7 this year (itemize) 8 Deductions on this return not charged aganst book income this year (itemize): 5 Expenses recorded on books this year not deducted on this return (itemize) a Depreciation b Charitable contributions c Travel and entertainment. $ a Depreciation b Charitable contributions $ 9 Add lines 7 and 8... 10 Income 6 Add lines 1 through 5 Schedule M-2 1, line 28)-line 6 less line 9 Analysis of Una riated Retained Earnings per Books (Line 25, Schedule 1Balance at beginning of year.. 5 Distributions: a Cash... . Stock... c Property 3 Other increases (temize): Other decreases (itemize): Add ines 5 and 6 .. 4 Add lines 1, 2, and 3 Balance at end of line 4 less ine 7 Form 1120 2018)