Where on Form 1120, and related schedules, would the given information be recorded for federal only (no state returns) please?

On November 1, 2008, Joe Morgan 1,000 shares and Sam Arnold 1,000 shares formed FENWAY Sports, Inc., to manufacture and sell Sporting Goods. In the current year 2020, Ryan Fountain contributed $1,500,000 worth of manufacturing equipment with a tax basis of $500,000 for another 1,000 shares in the Company. Pertinent information regarding FENWAY Sports, Inc. is summarized as follows: FENWAY Sports, Inc.s business address is 1010 Northwest Parkway, Irvine CA 92602; its telephone number is (714) 555-2211. The employer identification number is 11-1111112, and the principal business activity code is 339920. Joe and Sam each owned 50% (33% after Ryans contribution) of the common stock; Joe is president and Sam is vice president of the company. Ryan is now a 33% investor. He doesnt hold any titles for the corporation.

FENWAY Sports, Inc. is an accrual method (cant use the cash method because of gross receipts level), calendar year taxpayer. Inventories are determined using FIFO and the lower of cost or market method. FENWAY Sports, Inc. uses the straight-line method of depreciation for book purposes and accelerated depreciation (MACRS) for tax purposes. During 2020, the corporation distributed cash of $600,000 equally to all shareholders. FENWAY Sports, Inc.s GAAP audited financial statements for 2020 are shown in separate file. Depreciation for tax purposes is $1,050,000. You are not provided enough detailed data to complete a Form 4562 (depreciation). If you solve this problem using Intuit Pro Connect, enter the amount of depreciation on line 20 of Form 1120. During 2020, FENWAY Sports, Inc. made estimated tax payments of $450,000 each quarter to the IRS.

Any help is appreciated. Thank you.

Gross Sales Sales and Returns 35,000,000 (1,000,000) Net Sales Cost of Good Sold Gross Profit 34,000,000 (15,000,000) 19,000,000 Dividends In 50% US Corp 3,000,000 Interest Income City of Irvine Muni Bonds CDs 75,000 25,000 Total Income 22,100,000 Salaries Joe Salaries Sam Bad Debts Other Salaries Taxes-State and Local Repairs and Maintenance Interest Expense: Loan to purchase Tustin Bonds Line of Credit 1,500,000 1,500,000 250,000 230,000 650,000 140,000 50,000 9,500,000 200,000 150,000 Advertising Rental Expense Depreciation Book Depreciation* Cash Charitable Contributions Premiums on Life Insurance for Owners 600,000 2,500,000 150,000 Total Expenses 17,420,000 Net Income Before Taxes Federal Taxes Net Income Per Books 4,680,000 694,050 3,985,950 * Depreciation for Taxes is $1,050,000 Cash Accounts Receivable Bad Debt Allowance Inventories Stock Investment Mini Bonds CDs Equipment: Ryans Contribution Other Equipment Accumulated Depreciation Other Assets (including Deferred Taxes) 12/31/2019 20,950,000 2,500,000 (250,000) 45,000,000 30,000,000 1,500,000 800,000 12/31/20 13,185,95 3,000,00 (500,00 55,000,00 30,000,00 1,500,00 800,00 5,000,000 (2,500,000) 5,000,000 1,500,00 6,000,00 (3,100,00 8,000,00 Total Assets 108,000,000 115,385,95 Accounts Payable ** Line Of Credit (10%) Capital Stock Retained Earnings 5,000,000 95,000,000 3,000,000 5,000,000 7,500,00 95,000,00 4,500,00 8,385,95 Total Liabilities and Equity 108,000,000 115,385,95 ** Includes borrowing for Tax Exempt Bonds Gross Sales Sales and Returns 35,000,000 (1,000,000) Net Sales Cost of Good Sold Gross Profit 34,000,000 (15,000,000) 19,000,000 Dividends In 50% US Corp 3,000,000 Interest Income City of Irvine Muni Bonds CDs 75,000 25,000 Total Income 22,100,000 Salaries Joe Salaries Sam Bad Debts Other Salaries Taxes-State and Local Repairs and Maintenance Interest Expense: Loan to purchase Tustin Bonds Line of Credit 1,500,000 1,500,000 250,000 230,000 650,000 140,000 50,000 9,500,000 200,000 150,000 Advertising Rental Expense Depreciation Book Depreciation* Cash Charitable Contributions Premiums on Life Insurance for Owners 600,000 2,500,000 150,000 Total Expenses 17,420,000 Net Income Before Taxes Federal Taxes Net Income Per Books 4,680,000 694,050 3,985,950 * Depreciation for Taxes is $1,050,000 Cash Accounts Receivable Bad Debt Allowance Inventories Stock Investment Mini Bonds CDs Equipment: Ryans Contribution Other Equipment Accumulated Depreciation Other Assets (including Deferred Taxes) 12/31/2019 20,950,000 2,500,000 (250,000) 45,000,000 30,000,000 1,500,000 800,000 12/31/20 13,185,95 3,000,00 (500,00 55,000,00 30,000,00 1,500,00 800,00 5,000,000 (2,500,000) 5,000,000 1,500,00 6,000,00 (3,100,00 8,000,00 Total Assets 108,000,000 115,385,95 Accounts Payable ** Line Of Credit (10%) Capital Stock Retained Earnings 5,000,000 95,000,000 3,000,000 5,000,000 7,500,00 95,000,00 4,500,00 8,385,95 Total Liabilities and Equity 108,000,000 115,385,95 ** Includes borrowing for Tax Exempt Bonds