Question: Complete 1 1 2 0 - S for the following company. WildLife, Inc. Balance Sheet for January 1 and December 3 1 , 2 0

 Complete 1120-S for the following company. WildLife, Inc. Balance Sheet for

Complete 1120-S for the following company. WildLife, Inc.
Balance Sheet for January 1 and December 31,2023
\table[[,January 1,December 31,,],[Assets:,,,,],[Cash,$,15,000,$,65,679],[Accounts receivable,41,500,$,45,180,],[Inventories,$,102,000,96,000,],[Stocks,$,103,000,$,74,000],[Treasury bills,$,15,000,$,16,000],[State of Wisconsin bonds,$,10,000,$,10,000],[Buildings and equipment,$,374,600,$,379,600],[Less: Accumulated depreciation,$,(160,484),$182,642,],[Land,$,160,000,$,190,000],[Total,$,660,616,$,693,817],[Liabilities and equity,,,,],[Accounts payable,$,36,000,$,11,170],[Accrued salaries payable,$,12,000,$,6,000],[Payroll taxes payable,$,3,416,$,7,102],[Sales taxes payable,$,5,200,$,6,560],[Due to Ms. Thoms,$,10,000,$,5,000],[Mortgage and notes payable (current maturities),$,44,000,$,52,000],[Long-term debt,$,210,000,$,260,000],[Capital stock,$,10,000,$,10,000],[Retained earnings,$,330,000,$,335,985],[Total,$,660,616,$,693,817]]
WildLife, Inc.
Statement of Retained Earnings for the Year ended December 31,2023
Balance, January 1
Plus: Net income
Less: Distributions
\table[[,,$,330,000],[$,95,985,,],[$,(90,000),$,5,985],[,$,335,985,]]
Balance, December 31
WildLife, Inc.
Income Statement for the Year ended December 31,2023
Net income
January 1 and December 31,2023 \table[[,January 1,December 31,,],[Assets:,,,,],[Cash,$,15,000,$,65,679],[Accounts receivable,41,500,$,45,180,],[Inventories,$,102,000,96,000,],[Stocks,$,103,000,$,74,000],[Treasury bills,$,15,000,$,16,000],[State of Wisconsin

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