The Falcon Machinery Corp., 271 East Beaumont Saeet.Chicago, Illinois 60612. kergu itu books on the calendar year, accrual basis. leis engaged in the manufacture of office supplies, and le business accivicycode is 339900. Its employer idenefication number is 35-0816302, and it was incorporated on July 2003. At no time during 2016 did any foreign or domestic corporacion, parmership (induding any entity reated as a partnership), or trust own directly 20% or more, or own. directly or indirectly, 50%or more of the total voting power of all classes of the corporation's stock entitled to vote. Also, Falcon Machinery did not have an interest in a foreign bank, securities orfinancial account and was not the grantor of, or the transferor trust. This corporation is not a Personal holding company oramember of a group of controlled corporations. All of the income is derived from sources in the United States. Fakon Machinery Carp elects to trle the domestic production activities The following is the opporations trial balance per books as of the core of the year 2016 (additional information on specific accounts fol the trial balance) TRIAL BALANCE DECEMBER 31, 2016 158,9BS Accounts receivable 61155 Note receivable Inventories (cosing.................... 33aa94 Corporate bonds 22,400 Unamortized bond premium State and municipal bonds. 15.000 us Treasury bonds 48,000 Domestic corporations 92500 Foreign corporations' B,000 25,500 670,500 Machinery and equipment 434 B92 Ofice furniture 30,629 45254 Accumulated depreciation Prepaid insurance 2,215 Federal estimated tax payment Sinking fund-bond retirement Cash surrender value omoensure insurance' Unamorttred bond issue expense 8,875 Accounts payable Notes payable (short term) Accrued interest 2,925 Accrued payroll Accrued vacation pay Accrued taxes: Franchise tau 300 IL Income tar Foreign taxes Property taxes. Bonds payable (long term) $52,403 Capital stock 7% Preferred 50,000 435,000 20,000 Unappropriated retained earnings 282379 Treasury stock 2.544 Appropriated retained eamings The Falcon Machinery Corp., 271 East Beaumont Saeet.Chicago, Illinois 60612. kergu itu books on the calendar year, accrual basis. leis engaged in the manufacture of office supplies, and le business accivicycode is 339900. Its employer idenefication number is 35-0816302, and it was incorporated on July 2003. At no time during 2016 did any foreign or domestic corporacion, parmership (induding any entity reated as a partnership), or trust own directly 20% or more, or own. directly or indirectly, 50%or more of the total voting power of all classes of the corporation's stock entitled to vote. Also, Falcon Machinery did not have an interest in a foreign bank, securities orfinancial account and was not the grantor of, or the transferor trust. This corporation is not a Personal holding company oramember of a group of controlled corporations. All of the income is derived from sources in the United States. Fakon Machinery Carp elects to trle the domestic production activities The following is the opporations trial balance per books as of the core of the year 2016 (additional information on specific accounts fol the trial balance) TRIAL BALANCE DECEMBER 31, 2016 158,9BS Accounts receivable 61155 Note receivable Inventories (cosing.................... 33aa94 Corporate bonds 22,400 Unamortized bond premium State and municipal bonds. 15.000 us Treasury bonds 48,000 Domestic corporations 92500 Foreign corporations' B,000 25,500 670,500 Machinery and equipment 434 B92 Ofice furniture 30,629 45254 Accumulated depreciation Prepaid insurance 2,215 Federal estimated tax payment Sinking fund-bond retirement Cash surrender value omoensure insurance' Unamorttred bond issue expense 8,875 Accounts payable Notes payable (short term) Accrued interest 2,925 Accrued payroll Accrued vacation pay Accrued taxes: Franchise tau 300 IL Income tar Foreign taxes Property taxes. Bonds payable (long term) $52,403 Capital stock 7% Preferred 50,000 435,000 20,000 Unappropriated retained earnings 282379 Treasury stock 2.544 Appropriated retained eamings