SUNSHINE S CORPORATION - Drake Software Support

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Form 1120S (2013) Page 4Schedule K Shareholders' Pro Rata Share Items (continued)Total amount17 a Investment income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17ab Investment expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17bc Dividend distributions paid from accumulated earnings and profits . . . . . . . . . . . . . . . . 17cd Other items and amounts (attach statement)OtherInformationReconciliationSUNSHINE S CORPORATION 40-000501318 Income/loss reconciliation. Combine the amounts on lines 1 through 10 in the far rightcolumn. From the result, subtract the sum of the amounts on lines 11 through 12d and 14I . . . . 18 171,411Schedule L Balance Sheets per BooksBeginning of tax yearEnd of tax yearAssets (a) (b) (c) (d)1 Cash . . . . . . . . . . . . . . . . . .35,222 35,1142a Trade notes and accounts receivable . . . 5,000 6,000b Less allowance for bad debts . . . . . . ( ) 5,000 ( ) 6,0003 Inventories . . . . . . . . . . . . . . . .17,000 20,0004 U.S. government obligations . . . . . . .5 Tax-exempt securities (see instructions) . .6 Other current assets (attach statement) . .7 Loans to shareholders . . . . . . . . . .8 Mortgage and real estate loans . . . . . .9 Other investments (attach statement) . . .10 a Buildings and other depreciable assets . . 363,000 363,000b Less accumulated depreciation . . . . . . ( 296,154 ) 66,846 ( 303,385 ) 59,61511 a Depletable assets . . . . . . . . . . . .b Less accumulated depletion . . . . . . . . ( ) ( )12 Land (net of any amortization) . . . . . .13 a Intangible assets (amortizable only) . . . .b Less accumulated amortization . . . . . . ( ) ( )14 Other assets (attach statement) . . . . . .15 Total assets . . . . . . . . . . . . . . . .124,068 120,729Liabilities and Shareholders' Equity16 Accounts payable . . . . . . . . . . . .2,350 3,60017 Mortgages, notes, bonds payable in less than 1 year . .18 Other current liabilities (attach statement) .19 Loans from shareholders . . . . . . . . .20 Mortgages, notes, bonds payable in 1 year or more . .21 Other liabilities (attach statement) . . . . .22 Capital stock . . . . . . . . . . . . . . .5,000 5,00023 Additional paid-in capital . . . . . . . . .24 Retained earnings . . . . . . . . . . . .116,718 112,12925 Adjustments to shareholders' equity (attach statement)26 Less cost of treasury stock . . . . . . . .( ) ( )27 Total liabilities and shareholders' equity . .124,068 120,729EEAForm 1120S (2013)
1125A 001Form1125-A Cost of Goods Sold(Rev. December 2012)Department of the TreasuryInternal Revenue ServiceNameAttach to Form 1120, 1120-C, 1120-F, 1120S, 1065, or 1065-B.Information about Form 1125-A and its instructions is at www.irs.gov/form1125a.OMB No. 1545-2225Employer identification numberSUNSHINE S CORPORATION 40-0005013. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17,000135,96014,0001 Inventory at beginning of year12 Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Cost of labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Additional section 263A costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Other costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Total. Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6166,9607 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 720,0008 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or theappropriate line of your tax return (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . 8146,9609a Check all methods used for valuing closing inventory:(i) X Cost(ii) Lower of cost or market(iii) Other (Specify method used and attach explanation.)b Check if there was a writedown of subnormal goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .c Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) . . . . . . . . . . . .d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computedunder LIFO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9de If property is produced or acquired for resale, do the rules of section 263A apply to the entity (see instructions)? . . . . Yes X Nof Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If "Yes,"attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes NoXFor Paperwork Reduction Act Notice, see instructionsEEAForm 1125-A (Rev. 12-2013)
Page 1 and 2: SignHere1120SPaidPreparerUse OnlyU.
Page 3: SUNSHINE S CORPORATION 40-0005013Sc
Page 7 and 8: Schedule K-1 (Form 1120S) 2013This
Page 9 and 10: Allocation of Losses and Deductions
Page 23 and 24: Form 4562 (2013) Page 2Part V Liste
Page 25 and 26: Shareholder's nameSchedule K-1 Dist
Page 27 and 28: Shareholder's nameSchedule K-1 Dist
Page 29 and 30: Schedule M-1SUNSHINE S CORPORATION
Page 31 and 32: Summary of Stock Ownership2013CORPO
Page 33 and 34: Taxes and Licenses AttachmentNote:
Page 35 and 36: Form 1120SSchedule M-2/Retained Ear

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