The company owns the following assets: The company purchased 500 shares of Dell Computers on May 15, 2022 for $10,200, plus a $30 commission. These shares were sold on November 2 , 2022 for $12,270, less a $40 commission (basis reported to IRS). The company uses straight-line depreciation for financial statement purposes. For tax purposes, the assets acquired in prior years were depreciated using MACRS 200\% DB (NO Bonus or Sec. 179 was taken). The assets acquired during 2020 are depreciated over 7 years, and the assets acquired during 2021 are depreciated over 5 years. For the assets acquired during 2022, Nikki has instructed you to use the depreciation method(s) that result in the smallest tax liability for her. A comparative balance sheet for 2021 and 2022 is as follows: Mountain Ventures, Inc. is a retailer of outdoor adventure gear. The company began operations on February 7,2020, also its date of incorporation and elected to be an S corporation. The company's Federal EIN is 58-2771998. The company's address is 1798 Snowy Spruce Circle, Dillsboro, NC 28725. The company's sole shareholder ( 100 shares) and president is Nikki Denny, 256-54-4860, who lives at 652 Mountain Meadow Drive, Sylva, NC 28779. Ms. Denny oversees all of the store's operations, and spends approximately 3545 hours per week at the store. The company's financial statements for 2022 reveal the following revenues \& expenses: Additionally, Nikki took $48,000 in shareholder distributions during the year. Prepare the corporation's 2022 Form 1120S, Form 1125-A, Schedule D (for Form 1120S), Form 8949 Schedule K-1 for the shareholder, Form 4562 , and any supporting schedules that you feel are necessary Ms. Denny desire to pay the least amount of tax that she can legally pay. Do you feel that Ms. Denny's compensation is reasonable? Why or why not? What other information, if any, would you like to have in order to make this decision? Be detailed and specific in your answers. Assuming that Ms. Denny is a single taxpayer with no dependents and that she takes the standard deduction, calculate her 2022 income tax liability. Prepare a return for Ms. Denny, you'll need Form 1040, Schedule D, and Schedule E