Prepare a Form 1120 for the corporation for 2018 including Form 4562.

Corporation (Form 1120) Fall 2018 Rick Smith, Bill Thomas, Diane Asche, and Jill Renteria are equal owners in "STAR, Inc." - a corporation engaged in HR consulting. Pertinent information regarding STAR is summarized below. Social security numbers are as follows; Rick- 648-98-4321; Bill 486 63-4297; Diane- 855-21-1750; and Jill-896-49-2341. Rick is the President of the company. The address of the company is 2835 Bay View Drive, Wilmington, NC 26812. The company was incorporated and began operations on January 1, 2012 The business code is 561900 The federal identification number is 67-1234576 The company uses the cash method of accounting and the calendar year for reporting. The company claimed $8,119 depreciation for book purposes, but $11,919 for tax purposes (under a MACRS methodology). Assume none of the depreciation creates a tax preference or adjustment for AMT purposes. The company is NOT a personal holding company. All loan borrowings were used exclusively for acquisition of equipment, consequently, all interest is considered business interest. No compensation was paid to Thomas, Asche, or Renteria, but each of the four owners withdrew $35,000 as a dividend of operating profits. There was no distribution of any non-cash property. The equipment loan is nonrecourse debt to the owners. All initial equity contributions were paid equally and each individual owns 25% of the common stock None of the owners sold any portion of their ownership interests during the year The company has no available tax credits and is not subject to AMT The company's operations are entirely restricted to the local geographic area in North Carolina. All owners are U.S. citizens. The company had no foreign operations, no foreign bank accounts, and no interest in any foreign trusts or other corporations. The company is not publicly traded. The company is not subject to the consolidated audit procedures. The company files its return in Cincinnati, OH Rick Smith lives at 572 Knowles Ct., Wilmington, NC 26811, Bill Thomas lives at 942 Richland Dr., Wilmington, NC 26812; Diane Asche lives at 1342 Coastal Rd., Wilmington, NC 26812; and Jill Renteria lives at 550 Rocker Ave., Wilmington, NC 26812. The company's marketable securities represent small investments (