Univex is a calendar year , accrual basis retail business , it is financial statement provide the following information for the year /

Revenues from sales of goods	783,200
Cost of goods sold FIFO	(417,500)
Gross profit	365,700
Interest income from certified of deposit	1,300
Dividend income from IBM of deposit	6720
Gain from sale of IBM stock purchase in 2000	8615
Bad debt expense	3900
Administrative salaries and wages	153,400
Business and employment taxes	31,000
Interest expense on debt incurred to buy inventory	5,100
Advertising	7,000
Meals and entertainment	3,780
Property insurance premiums	4,300
Depreciation	10,800
Repairs and maintenance	18,700
Supplies	4,120
Utilities	21,000
Contributions on charity	5,000

Unives's records reveal the following facts

Bad debt expense equal the additional to an allowance for bad bad debts .Actual write offs of uncollectible accounts totaled $ 2,000.

MACRS depreciation for the year was $ 21,240.

Univex made no dispositions of operating assets.

The owners did not receive any compensation or withdraw my funds from Univex .

Univex is entitled to a $ 1,800 general business credit.

Assume Univex is a corporation operating in a state without a corporation income tax, Univex made estimated federal tax payment totaling $ 23,500 .compute taxable income on page 1. form 1120 , calculate Univex's federal income tax and complete page 1 , form 1120 , and schedule M-1 page 5 form 1120 .

Please show me how to do scheduleM-1 page 5 form 1120 too!