1. The attached document is the circled answer correct

Hill Production, Inc.'s four shareholders all worked part-time for the company. Only Rowdy and Q are considered officers of the corporation. Information about the shareholders is listed in the following table: "Included in box 1 of the shareholder's Form W-2 A partially redacted version of page 1 of Hill Production Inc.'s Form 1120-S is provided for you. What is the correct amount to enter on line 7 ? $54,200 $63,560 $50,000 $59,360