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put on a k-1 Jennie and James are the owners of Storybook, Inc., an S Corporation. They own 75% and 25% respectively Sales Revenue Cost
put on a k-1
Jennie and James are the owners of Storybook, Inc., an S Corporation. They own 75% and 25% respectively Sales Revenue Cost of Goods Sold Salary to owners Jennie and James Employee Wages Depreciation Expense Miscellaneous Expenses Interest Income Dividend Income Overall Net Income 310,000 85,000 50,000 20,000 15,000 9,000 2,500 1,000 134,500 Complete the Schedule K-1 for Jennie Jones. The EIN for Storybook, Inc. is 12-3456789 The return is filed in Ogden, UT Jennie's address is: 345 North Palm Avenue, Midland City, AL 36324 Jennie and James are the owners of Storybook, Inc., an S Corporation. They own 75% and 25% respectively Sales Revenue Cost of Goods Sold Salary to owners Jennie and James Employee Wages Depreciation Expense Miscellaneous Expenses Interest Income Dividend Income Overall Net Income 310,000 85,000 50,000 20,000 15,000 9,000 2,500 1,000 134,500 Complete the Schedule K-1 for Jennie Jones. The EIN for Storybook, Inc. is 12-3456789 The return is filed in Ogden, UT Jennie's address is: 345 North Palm Avenue, Midland City, AL 36324 Step by Step Solution
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