do i need to file schedule K and schedule J for year 2019 using the information given on the picture?

Mr. X and Y each invested $50,000 to start a plumbing business on 01/01/2019 Prepare 2019 CORPORATE Tax Return from the following information Dr Cr Cash 23,000 Accounts Receivable 85,000 Investment in Stocks/Bonds 30,000 Equpment 185,000 Accumulated Depreciation 43,000 Accounts Payable 120,000 Common Stock 100,000 Sales 873,000 Interest income 2,500 5 Dividend ( 5% owned) 1,500 6 Cost of sales 450,000 7 Salaries to X 50,000 8 Salaries to Y 50,000 9 Other salaries 85,000 20 Charitable Contribution 1,000 21 Rent 60,000 22 Utilities 18,000 23 Penalties 1,000 24 Advertising 24,000 25 Depreciation-MACRS 43,000 26 Contract Labor 35,000 27 1,140,000 1,140,000 28 29 30 Taxable income 60,250 21 line # 1120 11 26 290 30 33 32 Check Figures 83 34 form 35 36 37 38 39 30 1 Schedule C 12 13 14 15 46 ScheduleL 17 78 Schedule M-1 9 50 51 52 53 Schedule M-2 Amount 427000 53,000 750 60,250 0 12,653 1,500 65 750 750 35 1(a) i(b) 1 24 15(d) 25(d) 1 2 5 Penalty 6 280,000 50,012 47,347 12,653 1,000 61,000 61,000 47,347 47,347 00 NO 54 55 Mr. X and Y each invested $50,000 to start a plumbing business on 01/01/2019 Prepare 2019 CORPORATE Tax Return from the following information Dr Cr Cash 23,000 Accounts Receivable 85,000 Investment in Stocks/Bonds 30,000 Equpment 185,000 Accumulated Depreciation 43,000 Accounts Payable 120,000 Common Stock 100,000 Sales 873,000 Interest income 2,500 5 Dividend ( 5% owned) 1,500 6 Cost of sales 450,000 7 Salaries to X 50,000 8 Salaries to Y 50,000 9 Other salaries 85,000 20 Charitable Contribution 1,000 21 Rent 60,000 22 Utilities 18,000 23 Penalties 1,000 24 Advertising 24,000 25 Depreciation-MACRS 43,000 26 Contract Labor 35,000 27 1,140,000 1,140,000 28 29 30 Taxable income 60,250 21 line # 1120 11 26 290 30 33 32 Check Figures 83 34 form 35 36 37 38 39 30 1 Schedule C 12 13 14 15 46 ScheduleL 17 78 Schedule M-1 9 50 51 52 53 Schedule M-2 Amount 427000 53,000 750 60,250 0 12,653 1,500 65 750 750 35 1(a) i(b) 1 24 15(d) 25(d) 1 2 5 Penalty 6 280,000 50,012 47,347 12,653 1,000 61,000 61,000 47,347 47,347 00 NO 54 55