SageGreen Computer Corporation Income Statement For the Year Ended December 31 Gross Sales $32,000,000.00 Cost of Goods Sold 20,360,000.00 Gross Profit 11,640,000.00 Other Income: Dividends 65,000.00 Interest 20,000.00 Tax-Exempt Interest 6,000.00 Capital Loss (22,000.00) Total Income 11,709,000.00 Expenses: Salaries and Wages 800,000.00 Charitable Contributions 40,000.00 Meals 54,000.00 Total Expenses 894,000.00 Net Income Per Books $10,815,000.00 Company Information Notes: Address: 1234 Anywhere Blvd, Sun City, AZ 85351 Employer Identification Number (EIN): 85-1234566 1. Meals are subject to 50% limitation. "Date Incorporated: " 1/2/2022 2. Tax exempt interest of $6,000 is earned from Arizona state bonds. 3. Capital stock transactions: a. 4,000 shares of Tech Inc. stock purchased February 1 for $100,000, sold April 1 for $113,000 b. 2,000 shares of WiresNThings stock purchased June 1 for $50,000, sold September 1 for $55,000 c. 3,000 shares of stock purchased April 1 for $140,000, sold September 1 for $100,000 Cost of Goods Sold notes: Beginning inventory $0 Purchases during the year $17,000,000 Cost of labor $3,000,000 Other costs (depreciation) $360,000 Ending inventory $0 Ending Cash Balance will equal Ending Retained Earnings Balance.

For paperwork kequction Act wouce, see separate instructions. Form 1120 (2022) Page 2 Form 1120 (2022) Form 1120 (2022) Page 6 Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return Note: The corporation may be required to file Schedule M-3. See instructions. Form 1120(2022) Form 1120 (2022) Page 3 Schedule J Tax Computation and Payment (see instructions) Part I-Tax Computation Part II-Reserved For Future Use 12 Reserved for future use Part III-Payments and Refundable Credits \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline 13 & 2021 overpayment credited to 2 & 2022 & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & & . & - & - & - & - & - & 13 & \\ \hline 14 & 2022 estimated tax payments & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & & . & . & . & - & - & - & . & - & 14 & \\ \hline 15 & 2022 refund appliad for on Form & n4466 & . & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & . & . & - & . & - & - & 15 & \\ \hline 16 & Combine lines 13,14 , and 15 & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & . & - & - & - & - & - & 16 & \\ \hline 17 & Tax deposited with Form 7004 & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & - & - & - & - & - & - & 17 & \\ \hline 18 & Withhalding (see instructions) & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & 8 & . & - & . & - & - & 18 & \\ \hline 19 & Total payments. Add lines 16, & 17, an & nd 1 & & . & . & . & . & . & . & . & . & . & . . & . & . & . & . & . & - & - & - & - & - & 19 & \\ \hline 20 & Refundable credits from: & & & & & & & & & & & & & & & & & & & & & & & & & \\ \hline a & Form 2439 . . . . . & - & - & . & . & . & . & . & . & . & . & . & . & . . & . & . & & 20a & & & & & & & & \\ \hline b & & & - & . & . & . & . & . & . & . & . & . & . & . & . & . & & 206 & & & & & & & & \\ \hline c & Reserved for future use - & - & - & . & . & . & . & . & . & . & . & . & . & . & . & & & 20c & & & & & & & & \\ \hline d & Other (attach statement-sae in & istruct & ions & & . & . & . & . & . & . & . & . & . & . & . & . & & 20d & & & & & & & & \\ \hline 21 & Total credits. Add lines 20a th & rough & 20d & & - & . & . & . & . & . & . & . & . & . & - & . & . & & . & - & & - & & - & 21 & \\ \hline 22 & Reserved for future use - & & - & . & . & . & . & . & . & . & . & . . & . & . . & . & 8 & & . & . & . & . & - & - & - & 22 & \\ \hline 23 & Total payments and credits. A & Add lin & es 1 & 9 an & & 21. & Ente & & here & & d on & & ge 1 , & line 3 & & & . & . & &. & - &. & - & - & 23 & \\ \hline \end{tabular} Form 1120(2022) b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in ary foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions. If "Yes," complate (i) through (iv) below. 6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in excess of the corporation's current and accumulated earnings and profits? See sections 301 and 316 . If "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452. If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary. 7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total vating power of all classes of the corporation's stock entitled to vote or at least 25% of the total value of all classes of the corporation's stock? . For rules of attribution, see section 318. If "Yes," enter: (a) Percentage cowned and (b) Owner's country (c) The corporation may have to fle Form 5472, Information Return of a 25\% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached 8 Check this box if the corporation issued publicly offered debt instruments with original issue discount If checked, the corporation may have to fle Form 8281, Information Retum for Publicly Offered Original lssue Discount Instruments. 9 Enter the amount of tax-exempt interest received or accrued during the tax year \$ 10 Enter the number of shareholders at the end of the tax year (if 100 or fewer) 11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions) If the corporation is fling a consclidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached or the election will not be valid. 12 Enter the available NOL carryover from prior tax years (do not reduce it by arry deduction reported on Form 1120 (2022) Page 3 Schedule J Tax Computation and Payment (see instructions) Part I-Tax Computation Part II-Reserved For Future Use \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline 12 & Reserved for future use & . . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & . & 12 & \\ \hline \multicolumn{30}{|c|}{ Part III-Payments and Refundable Credits } \\ \hline 13 & 2021 overpayment credi & ted to & 2022 & & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & 13 & \\ \hline 14 & 2022 estimated tax paym & nents & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & . & . & - & . & . & . & . & 14 & \\ \hline 15 & 2022 refund applied for & on Form & n44 & 466 & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & 15 & 1 \\ \hline 16 & Combine linas 13,14 , an & ad 15 & . & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & - & . & . & . & 16 & \\ \hline 17 & Tax deposited with Form & 7004 & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & . & . & - & . & 17 & \\ \hline 18 & Withholding (see instruct & tions) & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & . & . & . & . & 18 & \\ \hline 19 & Total payments. Add lin & nes 16 & 17 & and & d 18 & & . & . & . & . & . & . & - & . & . & . & . & . & . & & . & . & - & . & . & - & - & 19 & \\ \hline 20 & Refundable credits from: & & & & & & & & & & & & & & & & & & & & & & & & & & & & \\ \hline a & Form 2439 .... & . & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & 20a & & & & & & & & \\ \hline b & Form 4136 .... & . & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & 206 & & & & & & & & \\ \hline c & Reserved for future use & . & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & 20c & & & & & & & & \\ \hline d & Other (attach statement & -see in & istru & & cns) & & . & . & . & . & . & . & . & . & . & . & . & & . & & 20d & & & & & & & & \\ \hline 21 & Total credits. Add lines & 20a th & roug & & 20d & & . & . & . & . & . & . & . & . & . & . & . & . & . & & . & . & - & - & - & - & - & 21 & \\ \hline 22 & Reserved for future use & . & - & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & . & . & - & & - & - & . & 22 & \\ \hline 23 & Total payments and cre & odits. A & Add & & & & and & 21. & Ent & er h & iere & an & do & np & age & 1, & line 3 & & . & . & . & . & - & - & . & . & . & 23 & \\ \hline \end{tabular} Form 1120(2022) Form 1120(2022) Page 5 Schedule K Other Information (continued from page 4) 13 Are the corporation's total receipts (page 1, line 1a, plus lines 4 through 10 ) for the tax year and its total assets at the end of the tax year less than $250,000 ? If "Yes," the corporation is not required to complate Schedules L, M-1, and M-2. Instead, enter the total amourt of cash distributions and the bock value of property distributions (other than cash) made during the tax year $ 14 Is the corporation required to file Schadule UTP (Form 1120), Uncertain Tax Position Statement? See instructions If "Yes," complate and attach Schedule UTP. 15a Did the corporation make any payments in 2022 that would require it to file Form(s) 1099 ? b If "Yes," did or will the corporation file required Form(s) 1099 ? 16 During this tax year, did the corporation have an 80%-or-more change in ownership, including a change due to redemption of its own stock? 17 During or subsequent to this tax year, but before the filing of this retum, did the corporation dispose of more than 65% (by value) of its assets in a taxable, non-taxable, or tax deferred transaction? 18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair market value of more than $1 million? 19 During the corporation's tax year, did the corporation make arny payments that would require it to file Forms 1042 and 1042S under chapter 3 (sections 1441 through 1484) or chapter 4 (sections 1471 through 1474) of the Code? 20 Is the corporation operating on a cooperative basis? 21 During the tax year, did the corporation pay or accrue arry interest or royalty for which the deduction is not allowed under section 267A? See instructions If "Yes," enter the total amount of the disallowed deductions $ 22 Does the corporation have gross receipts of at least $500 milion in arny of the 3 preceding tax years? (See sections 59A(e)/2 ) and [3W If "Yes," complete and attach Form 8991. 23 Did the corporation have an election under section 163 (0) for any real property trade or business or arny farming business in effect during the tax year? See instructions 24 Does the corporation satisfy one or more of the following? See instructions . a The corporation owns a pass-through entity with current, or prior year carryover, excess business interest expense. b The corporation's aggregate average annual gross receipts (determined under section 448/c ) for the 3 tax years preceding the current tax year are more than \$27 million and the corporation has business interest expense. c The corporation is a tax shelter and the corporation has business interest expense. If "Yes," complete and attach Form 8990. 25 Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund? If "Yes," enter amount from Form 8996, line 15 . . . . . $ 26 Since December 22, 2017, did a foreign corporation directly or indirectly aoquire substantially all of the propertias hald directly or indirectly by the corporation, and was the ownership percentage (by vote or value) for purposes of section 7874 greater than 50% (for example, the shareholders held more than 50% of the stock of the foreign corporation)? If "Yes," list the ownership percentage by vote and by value. See instructions Percentage: By Vote By Value Form 1120(2022) For paperwork kequction Act wouce, see separate instructions. Form 1120 (2022) Page 2 Form 1120 (2022) Form 1120 (2022) Page 6 Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return Note: The corporation may be required to file Schedule M-3. See instructions. Form 1120(2022) Form 1120 (2022) Page 3 Schedule J Tax Computation and Payment (see instructions) Part I-Tax Computation Part II-Reserved For Future Use 12 Reserved for future use Part III-Payments and Refundable Credits \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline 13 & 2021 overpayment credited to 2 & 2022 & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & & . & - & - & - & - & - & 13 & \\ \hline 14 & 2022 estimated tax payments & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & & . & . & . & - & - & - & . & - & 14 & \\ \hline 15 & 2022 refund appliad for on Form & n4466 & . & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & . & . & - & . & - & - & 15 & \\ \hline 16 & Combine lines 13,14 , and 15 & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & . & - & - & - & - & - & 16 & \\ \hline 17 & Tax deposited with Form 7004 & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & - & - & - & - & - & - & 17 & \\ \hline 18 & Withhalding (see instructions) & - & - & . & . & . & . & . & . & . & . & . . & . & . . & . & . & . & . & 8 & . & - & . & - & - & 18 & \\ \hline 19 & Total payments. Add lines 16, & 17, an & nd 1 & & . & . & . & . & . & . & . & . & . & . . & . & . & . & . & . & - & - & - & - & - & 19 & \\ \hline 20 & Refundable credits from: & & & & & & & & & & & & & & & & & & & & & & & & & \\ \hline a & Form 2439 . . . . . & - & - & . & . & . & . & . & . & . & . & . & . & . . & . & . & & 20a & & & & & & & & \\ \hline b & & & - & . & . & . & . & . & . & . & . & . & . & . & . & . & & 206 & & & & & & & & \\ \hline c & Reserved for future use - & - & - & . & . & . & . & . & . & . & . & . & . & . & . & & & 20c & & & & & & & & \\ \hline d & Other (attach statement-sae in & istruct & ions & & . & . & . & . & . & . & . & . & . & . & . & . & & 20d & & & & & & & & \\ \hline 21 & Total credits. Add lines 20a th & rough & 20d & & - & . & . & . & . & . & . & . & . & . & - & . & . & & . & - & & - & & - & 21 & \\ \hline 22 & Reserved for future use - & & - & . & . & . & . & . & . & . & . & . . & . & . . & . & 8 & & . & . & . & . & - & - & - & 22 & \\ \hline 23 & Total payments and credits. A & Add lin & es 1 & 9 an & & 21. & Ente & & here & & d on & & ge 1 , & line 3 & & & . & . & &. & - &. & - & - & 23 & \\ \hline \end{tabular} Form 1120(2022) b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in ary foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions. If "Yes," complate (i) through (iv) below. 6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in excess of the corporation's current and accumulated earnings and profits? See sections 301 and 316 . If "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452. If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary. 7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total vating power of all classes of the corporation's stock entitled to vote or at least 25% of the total value of all classes of the corporation's stock? . For rules of attribution, see section 318. If "Yes," enter: (a) Percentage cowned and (b) Owner's country (c) The corporation may have to fle Form 5472, Information Return of a 25\% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached 8 Check this box if the corporation issued publicly offered debt instruments with original issue discount If checked, the corporation may have to fle Form 8281, Information Retum for Publicly Offered Original lssue Discount Instruments. 9 Enter the amount of tax-exempt interest received or accrued during the tax year \$ 10 Enter the number of shareholders at the end of the tax year (if 100 or fewer) 11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions) If the corporation is fling a consclidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached or the election will not be valid. 12 Enter the available NOL carryover from prior tax years (do not reduce it by arry deduction reported on Form 1120 (2022) Page 3 Schedule J Tax Computation and Payment (see instructions) Part I-Tax Computation Part II-Reserved For Future Use \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline 12 & Reserved for future use & . . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & . & 12 & \\ \hline \multicolumn{30}{|c|}{ Part III-Payments and Refundable Credits } \\ \hline 13 & 2021 overpayment credi & ted to & 2022 & & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & 13 & \\ \hline 14 & 2022 estimated tax paym & nents & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & . & . & - & . & . & . & . & 14 & \\ \hline 15 & 2022 refund applied for & on Form & n44 & 466 & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & 15 & 1 \\ \hline 16 & Combine linas 13,14 , an & ad 15 & . & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & - & . & . & . & 16 & \\ \hline 17 & Tax deposited with Form & 7004 & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & . & . & - & . & 17 & \\ \hline 18 & Withholding (see instruct & tions) & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & - & . & . & . & . & 18 & \\ \hline 19 & Total payments. Add lin & nes 16 & 17 & and & d 18 & & . & . & . & . & . & . & - & . & . & . & . & . & . & & . & . & - & . & . & - & - & 19 & \\ \hline 20 & Refundable credits from: & & & & & & & & & & & & & & & & & & & & & & & & & & & & \\ \hline a & Form 2439 .... & . & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & 20a & & & & & & & & \\ \hline b & Form 4136 .... & . & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & 206 & & & & & & & & \\ \hline c & Reserved for future use & . & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & 20c & & & & & & & & \\ \hline d & Other (attach statement & -see in & istru & & cns) & & . & . & . & . & . & . & . & . & . & . & . & & . & & 20d & & & & & & & & \\ \hline 21 & Total credits. Add lines & 20a th & roug & & 20d & & . & . & . & . & . & . & . & . & . & . & . & . & . & & . & . & - & - & - & - & - & 21 & \\ \hline 22 & Reserved for future use & . & - & - & - & . & . & . & . & . & . & . & . & . & . & . & . & . & . & & . & . & - & & - & - & . & 22 & \\ \hline 23 & Total payments and cre & odits. A & Add & & & & and & 21. & Ent & er h & iere & an & do & np & age & 1, & line 3 & & . & . & . & . & - & - & . & . & . & 23 & \\ \hline \end{tabular} Form 1120(2022) Form 1120(2022) Page 5 Schedule K Other Information (continued from page 4) 13 Are the corporation's total receipts (page 1, line 1a, plus lines 4 through 10 ) for the tax year and its total assets at the end of the tax year less than $250,000 ? If "Yes," the corporation is not required to complate Schedules L, M-1, and M-2. Instead, enter the total amourt of cash distributions and the bock value of property distributions (other than cash) made during the tax year $ 14 Is the corporation required to file Schadule UTP (Form 1120), Uncertain Tax Position Statement? See instructions If "Yes," complate and attach Schedule UTP. 15a Did the corporation make any payments in 2022 that would require it to file Form(s) 1099 ? b If "Yes," did or will the corporation file required Form(s) 1099 ? 16 During this tax year, did the corporation have an 80%-or-more change in ownership, including a change due to redemption of its own stock? 17 During or subsequent to this tax year, but before the filing of this retum, did the corporation dispose of more than 65% (by value) of its assets in a taxable, non-taxable, or tax deferred transaction? 18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair market value of more than $1 million? 19 During the corporation's tax year, did the corporation make arny payments that would require it to file Forms 1042 and 1042S under chapter 3 (sections 1441 through 1484) or chapter 4 (sections 1471 through 1474) of the Code? 20 Is the corporation operating on a cooperative basis? 21 During the tax year, did the corporation pay or accrue arry interest or royalty for which the deduction is not allowed under section 267A? See instructions If "Yes," enter the total amount of the disallowed deductions $ 22 Does the corporation have gross receipts of at least $500 milion in arny of the 3 preceding tax years? (See sections 59A(e)/2 ) and [3W If "Yes," complete and attach Form 8991. 23 Did the corporation have an election under section 163 (0) for any real property trade or business or arny farming business in effect during the tax year? See instructions 24 Does the corporation satisfy one or more of the following? See instructions . a The corporation owns a pass-through entity with current, or prior year carryover, excess business interest expense. b The corporation's aggregate average annual gross receipts (determined under section 448/c ) for the 3 tax years preceding the current tax year are more than \$27 million and the corporation has business interest expense. c The corporation is a tax shelter and the corporation has business interest expense. If "Yes," complete and attach Form 8990. 25 Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund? If "Yes," enter amount from Form 8996, line 15 . . . . . $ 26 Since December 22, 2017, did a foreign corporation directly or indirectly aoquire substantially all of the propertias hald directly or indirectly by the corporation, and was the ownership percentage (by vote or value) for purposes of section 7874 greater than 50% (for example, the shareholders held more than 50% of the stock of the foreign corporation)? If "Yes," list the ownership percentage by vote and by value. See instructions Percentage: By Vote By Value Form 1120(2022)