please do this tax return problem in this attach, thanks

CORPORATE TAX RETURN PROBLEM Facts William Spicer (SS# 123-45-6789) owns 80 percent of the stock in Bill's Market, an accrual basis gourmet food market operating as a corporation. It is located at 387 Spring Street, Raleigh,NC 29288. William's wife, June (SS# 987-65-4321), owns the other 20 percent of the outstanding stock of the corporation but she is not active in the business. The Market's EIN is 79-7979797 and its business code is 445290. It was incorporated on July 15, 2006. During the last tax year, the Market had the following results from its operations: Gross sales ($1,300,000 from credit card sales) $2,700,000 Merchandise purchases 1,980,000 Expenses:Advertising $40,000 Charitable contributions 2,000 Cleaning/maintenance 12,000 Depreciation (MACRS pre-2015 purchases) 3,000 1 Section 179 expense (2/1/13 display case) 5,000 Payroll taxes (excluding FICA on William's salary) 18,000 FICA on William's salary 10,247 William's salary 200,000 Health insurance 15,000*Insurance (excludes health) 18,000 Interest expense 1,000 Licenses/fees 4,000 Meals/entertainment 1,000 Office expenses 14,000 Rent 120,000 Salary/wages 210,000 Travel 8,000 Utilities 16,000*Includes $3,000 for health insurance for William and his family. The Market sold a unique piece of equipment for $13,000. It had originally cost $5,000 when purchased on March 5, 2013; it had an adjusted basis of $3,000 when sold on August 15, 2015.The Market also sold a display case for $1,000 on December 12, 2015, that had cost $12,000 when purchased on June 6, 2011; it had an adjusted basis of $4,000 when sold. The gains or losses on these asset sales are the same for tax and financial accounting. The business complies with all Form 1099 requirements. Information specific to the corporate form: The corporation made estimated payments for its own taxes of $10,000 and withheld $45,000 from William's salary for income taxes. For financial accounting, the corporation does not expense the new display case but deducts $1,000 of depreciation expense. It has a beginning balance of $200,000 in its retained earnings account and made a $25,000 dividend distribution to its shareholders on December 31, 2015. 2 The corporation's beginning and ending accrual-basis balance sheets for 2015 are shown below: Jan. 1, 2015 Dec. 31, 2015 Assets: Cash $62,000 $ 49,753 Acc Rec 37,500 37,500 Inventory 340,000 340,000 Tax Refund 5,462 Plant, Prop&Equip $80,000 $68,000 Less: Acc Deprec. 62,000 59,000 NET 18,000 9,000 Total Assets $457,500 $441,715 Liabilities and Equities: Accounts Payable $20,000 0 0 Deferred Tax Liability 0 $600 Note Payable 12,500 12,500 Common Stock 225,000 225,000 Retained Earnings 200,000 203,615 Total Liab.&Equities $457,500 $441,715