This is a federal taxation question

Hello i need help preparing 2017 tax return, Form 1040, Schedules A, C, and SE, and Forms 4562 and 4797. Thank you.

John and Ellen Brite (SSN 000-00-1111 and 000-00-2222, respectively) are married and file a joint return. They have no dependents. John owns an unicorporated specialty electrical lighting retail store, Brite-On. Brite-On had the following asssets on January 1, 2017:

Assets

Old Store building purchased April 1, 2002 (Cost $100,000)

Equipment (7-year recovery) purchased January 10, 2012 (Cost $30,000)

Inventory valued using FIFO method: 4,000 light bulbs (Cost $5/bulb)

Brite-On purchased a competitor's store on March 1, 2017 for $107,000. The purhcase price included the following:

New Store Building $60,000 (FMV)

Land $18,000 (FMV)

Equipment (5-year recovery) $11,000 (FMV)

Inventory: 3,000 light bulbs $6/bulb (cost)

On June 30, 2017, Brite-On sold the 7-year recovery period equipment for 12,000. Brite-On leased a $30,500 car for $500/month beginning on January 1,2017. The car is used 100% for business and was driven 14,0000 miles during the year.

Brite-On sold 8,000 light bulbs at a price of $15/bulb during the year. Also, Brite-On made additional purchases of $4000 light bulbs in August 2017 at a cost of $7/bulb. Brite-On had the following revenues (in addition to the sales of light bulbs) and additional expenses:

Service revenue $64,000

Interest Expense on business loans $4,000

Auto Expenses (Gas, oil, etc.) $3,800

Taxes and licesnes $3,300

Utilities $2,800

Salaries $24,000

John and Ellen also had some personal expenses:

Medical bills $4,500

Real property taxes $3,800

State income taxes $4,000

Home mortgage interest $5,000

Charitable contributions (cash) $600

The Brites received interest income on a bank savings account of $275. John and Ellen made four $5,000 quarterly estimated tax payments. For self-employment tax purposes, assume John spent 100% of his time at the store while Ellen spends no time at the store.

Additional Facts:

* Equipment aquired in 2012:The Brites elected out of bonus depretoation and did not elect sec.179.

* Equipment acuired in 2017: the Brites elected Sec. 179 to expense the cost of the 5-year equipment but elected out of bonus depretiation.

* Assume that the lease inclusion rules require that Brite-on reduce its deductible lease expense by $8.

Compute the Brite's taxable income and balance due or refund for 2017.

Complete their 2015 Form 1040, Schedules A, C, and SE, and Forms 4562 and 4797.