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Mountain Ventures, Inc. is a retailer of outdoor adventure gear. The company began operations on February 7, 2020, also its date of incorporation and elected

Mountain Ventures, Inc. is a retailer of outdoor adventure gear. The company began operations on February 7, 2020, also its date of incorporation and elected to be an S corporation. The companys Federal EIN is 58-2771998. The companys address is 1798 Snowy Spruce Circle, Dillsboro, NC 28725. The companys sole shareholder (100 shares) and president is Nikki Denny, 256-54-4860, who lives at 652 Mountain Meadow Drive, Sylva, NC 28779. Ms. Denny oversees all of the stores operations, and spends approximately 35 45 hours per week at the store. The companys financial statements for 2022 reveal the following revenues & expenses:

Project Requirements: 1. Prepare the corporations 2022 Form 1120S, Form 1125-A, Schedule D (for Form 1120S), Form 8949 Schedule K-1 for the shareholder, Form 4562, and any supporting schedules that you feel are necessary Ms. Denny desire to pay the least amount of tax that she can legally pay.

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