CORPORATE TAX RETURN PROBLEM 2-Appendix C-C-16

Required:

Complete Blue Catering Service Inc.'s (BCS) 2014 Form 1120, Schedule D, and Schedule G (if applicable) using the information provided below.

Form 4562 for depreciation is not required. Include the amount of tax depreciation given in the problem on the appropriate line on the first page of Form 1120.

Assume that BCS does not owe any alternative minimum tax.

If any information is missing, use reasonable assumptions to fill in the gaps.

The forms, schedules, and instructions can be found at the IRS website (www.irs.gov). The instructions can be helpful in completing the forms.