On January 1, 2022, Lucas Stag, a U.S. citizen, contributes US $15,000,000 to a Hong Kong (HK) company called Dolan Hong Kong Private Limited Company. Lucas Stag timely files a Form 8832 to check-the-box to be characterized as a foreign disregarded entity (FDE) for the HK entity. The Chartered accountants in Hong Kong provide the following account information in Hong Kong dollars for the year ended December 31, 2022.

Sales	HK$25,000,000
Cost of Goods Sold	HK$15,000,000
Compensation	HK$2,000,000
Cash	HK$31,400,000
Accounts Payable	HK$15,000,000

The average exchange rate is $2 H.K. to $1 U.S. Please complete the Form 8858 Information Return for this foreign disregarded entity.