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How would I be filing 2019 tax return form using the given information? This is all the information given to me by the professor. Format

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How would I be filing 2019 tax return form using the given information? This is all the information given to me by the professor.

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Format Tools Data Window Help AutoSave OFF Home Insert Draw Page Layout Formulas Data Review View Tel Calibri (Body) 11 A" A E E 29 W Paste BI U V V Av E Mer 20 X V fx A B C D E F G H 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 Salaries to X 50,000 8 Salaries to Y 50,000 9 Other salaries 85,000 0 Charitable Contribution 1,000 Rent 60,000 2 Utilities 18,000 Penalties 1,000 4 Advertising 24,000 Depreciation-MACRS 43,000 6 Contract Labor 35,000 8 1,140,000 1,140,000 9 Taxable Income 60,250 Partnership Sheet1 +

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