Question
https://books.google.com/books?id=MsriBAAAQBAJ&pg=SA2-PA53&lpg=SA2-PA53&dq=on+february+12+2002+nancy+trout+and+delores+lake+formed+kingfisher+corporation&source=bl&ots=O_71OS69Vw&sig=YhVuZCEfc1-vICKUnO7lqgQhJrM&hl=en&sa=X&sqi=2&ved=0ahUKEwi7t-aUhPHOAhXKLB4KHVcICzsQ6AEIPjAF#v=onepage&q=on%20february%2012%202002%20nancy%20trout%20and%20delores%20lake%20formed%20kingfisher%20corporation&f=false This is the URL. If you copy and paste it you should be able to pull up the problem. It is in Corporations, Partnerships,
https://books.google.com/books?id=MsriBAAAQBAJ&pg=SA2-PA53&lpg=SA2-PA53&dq=on+february+12+2002+nancy+trout+and+delores+lake+formed+kingfisher+corporation&source=bl&ots=O_71OS69Vw&sig=YhVuZCEfc1-vICKUnO7lqgQhJrM&hl=en&sa=X&sqi=2&ved=0ahUKEwi7t-aUhPHOAhXKLB4KHVcICzsQ6AEIPjAF#v=onepage&q=on%20february%2012%202002%20nancy%20trout%20and%20delores%20lake%20formed%20kingfisher%20corporation&f=false
This is the URL. If you copy and paste it you should be able to pull up the problem. It is in Corporations, Partnerships, Estates & Trusts 39th Edition by Hoffman, Raabe, Maloney, Young. Question 2 on pages 2-53,54,55. My professor gave the check answers for form 1120 line 28= $514,000 ( I have $504,000); Schedule M-2 line 5a = $80,000 (I have nothing for Schedule M-2 because I didn't think it was needed. But I have Schedule M-1 done); Form 1125-A line 7=$1,012,000 (I didn't think I needed this form, but apparently I do.)
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