Take the below information and explaim how to fill out a $1120$ tax form and fill in the informatio

Please complete a $1120$ from the blank IRS form template for Warrior Widgets.

Company Information:

Warrior Widgets Inc.

$800$ Warrior Way

Rochester Hills, MI

$48307$

EIN $930281783$

Date of incorporation: $1/1/2023$

Notes:

Included in Administrative Salaries is $500,000$ of oflicer compensation for CEO Wally Warrior.

Al Wartior Widgets interest expense is deductible.

Book depreciation is $350,000.$ However for tax purposes, depreciation is $450,000($MACRS$).$ You do not need to complete for $4562$ for this exam.

Of the $$300,000$ Sales Meals and Entertainment expenses, $$200,000$ relate meals that are considered non$-$ enfertainment. The other $$100,000$ is entertainment expenses.

Of the interest income recorded in the financial statements, half relates to municipal bonds.

You do not need to complete schedule Please complete a $1120$ from the blank IRS form template for Warrior Widgets. Feel free to emal me with any questions

Company Information:

Warrior Widgets Inc.

$800$ Warrior Way

Rochester Hills, MI

$48307$

EIN $930281783$

Date of incorporation: $1/1/2023$

Notes:

Included in Administrative Salaries is $500,000$ of oflicer compensation for CEO Wally Warrior.

Al Wartior Widgets interest expense is deductible.

Book depreciation is $350,000.$ However for tax purposes, depreciation is $450,000($MACRS$).$ You do not need to complete for $4562$ for this exam.

Of the $$300,000$ Sales Meals and Entertainment expenses, $$200,000$ relate meals that are considered non$-$ enfertainment. The other $$100,000$ is entertainment expenses.

Of the interest income recorded in the financial statements, half relates to municipal bonds.

You do not need to complete schedule