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Could you please complete a form 1120 for my federal income tax class. include exact answers please i will upvote. Texas Southern University Jesse H.

Could you please complete a form 1120 for my federal income tax class. include exact answers please i will upvote.
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Texas Southern University Jesse H. Jones School of Business Accounting 334-Fall 2023 This assignment is due on Thursday, December 14, 2023 at 1:00pm-not 4:01 or later. This paper should accompany the tax return. Failure to include this paper with your tax return will result in a reduction of your grade on this assignment of 25 points. Prepare this tax return for 2022 using the appropriate forms and schedules. Use your best judgment. You may have to make some calculations. Do your own work. If I see a pattern of cheating, you will not get credit for this assignment. TSU, Inc. is a corporation that was formed on April 1, 2022. Its address is 3201 Wheeler, Houston, TX 77004, and its Employer Identification Number is 31-2345678. Balance Sheet-TSU, Inc. (December 31, 2022) Assets: Cash Inventory Equipment Display shelving Office furniture Computers Accumulated depreciation) Organization costs Start-up costs $122,526.29 9,100.00 23,600.00 8,950.00 3,675.00 3,890.00 (4,959.00) 4,500.00 1,660.00 $1,72,942.29 Total Assets Liabilities: Withholding payable Sales tax payable Loan payable $ 1,393.47 1,234.64 20,459.27 Total liabilities $ 23,087.38 Equity: Common stock $100,000.00 Current earnings Distributions 59,854.91 (10,000.00) Total equity $149,854.91 Total liabilities plus equity $172,942.29

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