Required information [The following information applies to the questions displayed below] Jack and Jill are owners of UpAHill, an S Corporation. They own 25 and 75 percent, respectively UpAH111 Corporation (an S Corporation) Income Statement December 31, Year 1 and Year 2 Sales revenue Year 1 $175,000 Cost of goods sold (60,000) Year 2 $310,000 (85,000) Salary to owners Jack and 3111 (40,000) Employee wages (15,000) (20,000) Depreciation expense (10,000) Miscellaneous expenses Qualified dividend Incone Overall net income (7,500) (9,000) Interest income (unrelated to business) 2,000 2,100 500 1,000 $ 45,000 $134,500 e. Complete Jill's Form 1120-S, Schedule K-1, for year 1 Visit the IRS website and download Form 1120-5, Schedule K-1. Enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by clicking "Browse" Next, click "Save." upload a response file (15MB max) Choose Fie No fie chosen