The following information is available for Briner Corporation for the current tax year ended December 31: Revenues from sales $8,000,000 Cost of goods sold (4,000,000) Operating expenses (2,000,000) Taxable income $ 2,000,000 Please prepare and attach page 1 of Form 1120 (find the form on Google) all relevant lines 1- 31. The current corporate tax rate is 21 percent. Tax, Refundable Credits, and Payments Deductions (See instructions for limitations on deductions.) Income Form 1120 Department of the Treasury Internal Revenue Service A Check if: 1a Consolidated retum (attach Form 851) b Life/nonlife consoli- dated return. 2 Personal holding co. (attach Sch. PH). 3 Personal service corp. (see instructions). 4 Schedule M-3 attached U.S. Corporation Income Tax Return For calendar year 2021 or tax year beginning OMB No. 1545-0123 2021, ending 20 2021 Go to www.irs.gov/Form1120 for instructions and the latest information. Name TYPE OR Number, street, and room or suite no. If a P.O. box, see instructions. PRINT City or town, state or province, country, and ZIP or foreign postal code B Employer identification number C Date incorporated D Total assets (see instructions) E Check if: (1) Initial retur (2) Final return (3) Name change (4) Address change 1a 1b 1a Gross receipts or sales b Returns and allowances. c Balance. Subtract line 1b from line 1a 2 Cost of goods sold (attach Form 1125-A). 4 3 Gross profit. Subtract line 2 from line 1c. Dividends and inclusions (Schedule C, line 23) 5 Interest 6 Gross rents 7 Gross royalties 1c 2 3 4 5 6 7 8 9 Capital gain net income (attach Schedule D (Form 1120)) Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) 8 9 10 Other income (see instructions-attach statement) 10 11 Total income. Add lines 3 through 10 11 12 Compensation of officers (see instructions-attach Form 1125-E) 12 13 Salaries and wages (less employment credits) 13 14 Repairs and maintenance 14 15 Bad debts. 15 16 Rents. 16 17 Taxes and licenses 17 18 Interest (see instructions) 18 19 Charitable contributions. 19 20 21 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562). Depletion 20 21 22 Advertising 22 23 Pension, profit-sharing, etc., plans 23 24 Employee benefit programs 24 25 Reserved for future use. 25 26 Other deductions (attach statement) 26 27 Total deductions. Add lines 12 through 26. 27 28 29a Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. Net operating loss deduction (see instructions) 28 29a b Special deductions (Schedule C, line 24). 29b Add lines 29a and 29b 30 Taxable income. Subtract line 29c from line 28. See instructions 31 Total tax (Schedule J, Part I, line 11). 32 Reserved for future use.. 33 Total payments and credits (Schedule J, Part III, line 23) 34 Estimated tax penalty. See instructions. Check if Form 2220 is attached 35 36 37 Amount owed. If line 33 is smaller than the total of lines 31 and 34, enter amount owed Overpayment. If line 33 is larger than the total of lines 31 and 34, enter amount overpaid Enter amount from line 36 you want: Credited to 2022 estimated tax Refunded 29c 30 31 32 33 34 35 36 37 Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Sign Here Signature of officer Print/Type preparer's name Paid Preparer May the IRS discuss this return with the preparer shown below? See instructions. Yes No Date Title Preparer's signature Date PTIN Check self-employed if