Fill out Form 1120 with the following information

Entity Type:	Corporation
Sub-Entity Type:	None
Entity Name:	BADEC
State of Formation	Georgia
Entity Start Date	4/2/2013
Tax Year Start Date:	4/2/2013
Tax Year End Date:	12/31/2013
Book Maintained By:	Andrew Anderson
Address:	10 Sysco Way Atlanta, GA 30039
Purpose of Entity	Acquire, rehabilitate and resale residential real property.
Corporate Information
Dividends Received	from investment in a domestic corporations with ownership =	70%
Estimated Tax Payments		$6,000
First Name	Last Name	SSN	Address	City	State	Zip	Shareholder Information
Andrew	Anderson	756-12-1111	10 Sysco Way	Atlanta	GA	30039	Shareholder
Bill	Bacon	756-12-2222	20 Sysco Way	Atlanta	GA	30039	Shareholder
Cathy	Cox	756-12-3333	30 Sysco Way	Atlanta	GA	30039	Shareholder
Doris	Day	756-12-4444	40 Sysco Way	Atlanta	GA	30039	Shareholder
Elroy	Elders	756-12-5555	50 Sysco Way	Atlanta	GA	30039	Shareholder
Farah	Fawcett	756-12-6666	60 Sysco Way	Atlanta	GA	30039	Shareholder
Gomez	Gonzalez	756-12-7777	70 Sysco Way	Atlanta	GA	30039	Shareholder
Investor			Contribution Date	Contribution 1		Contribution 2		Contribution 3		Net Contributions	Sharholder Interest
First Name	Last Name	SSN		Item	Value	Item	Value	Item	Value
Andrew	Anderson	756-12-1111	4/2/2013	Cash	$50,000					$50,000	10%
Bill	Bacon	756-12-2222	4/2/2013	Cash	$150,000					$150,000	31%
Cathy	Cox	756-12-3333	4/2/2013	Cash	$100,000					$100,000	20%
Doris	Day	756-12-4444	4/2/2013	Cash	$50,000					$50,000	10%
Elroy	Elders	756-12-5555	4/2/2013	Cash	$40,000					$40,000	8%
Farah	Fawcett	756-12-6666	4/2/2013	Cash	$30,000	Land	$50,000			$80,000	16%
Gomez	Gonzalez	756-12-7777	4/2/2013	Cash	$10,000	Computer	$7,000	Furniture	$3,000	$20,000	4%
											100%
BADEC, Inc
4/2/2013
	Beginning Balance Sheet
Assets
	Cash		$ 430,000
	Computer		$ 7,000
	Furniture		$ 3,000
	Land		$ 50,000
	Total Assets		$ 490,000
Liabilities
Equity
	Capital-Anderson		$ 50,000
	Capital-Bacon		$ 150,000
	Capital-Cox		$ 100,000
	Capital-Day		$ 50,000
	Capital-Elders		$ 40,000
	Capital-Fawcett		$ 80,000
	Capital-Gonzalez		$ 20,000
	Total Liabilities plus Equity		$ 490,000
BADEC Partnership
12/31/2013
	Ending Balance Sheet
Assets
	Cash		$ 485,600
	Computer		$ 7,000
	AccDep-Computer		$ (1,745)
	Furniture		$ 3,000
	AccDep-Furniture		$ (321)
	Land		$ 50,000
	Total Assets		$ 543,534
Liabilities
Equity
	Retained Earnings		$ 53,534
	Stock Anderson		$ 50,000
	Stock Bacon		$ 150,000
	Stock Cox		$ 100,000
	Stock Day		$ 50,000
	Stock Elders		$ 40,000
	Stock Fawcett		$ 80,000
	Stock Gonzalez		$ 20,000
	Total Liabilities plus Equity		$ 543,534
	Income Statement
Gross Income
	Repair Revenue		$100,000
	Interest Income		$600
	Dividends (Qualified)		$2,000
	Net Short-term Capital Gain		$5,000
		Total Income from all sources	$107,600
Expenses
	Guaranteed payments		$10,000
	Renovation Expense		$5,500
	Rent		$1,500
	Depreciaton expense		$2,066
	Licenses		$500
	Travel Expenses		$800
	Supplies Expenses		$700
	Net Long-term Capital Loss		$10,000
	Charitable Contributions		$5,000
		Total Expenses	$36,066
	Net Income (before federal income taxes)		$71,534
	Cash Dividend Distribution to- Elders		$5,000
	Cash Dividend Distribution to- Fawcett		$6,000
	Cash Dividend Distribution to- Gonzalez		$7,000