1 What is partnership ordinary income for Focus LLC (Form 1065, page 1, line 22) 2 Please complete the information for Schedule K of Form 1065, lines 1-13 for Focus LLC.

In addition use this tab to enter the member's share next to it that you would enter on the real Schedule K-1 3 What is the Analysis of Net Income (Loss) found on Form 1065, page 5, Line 1 for Focus LLC 4 What is Molly's tax basis in Focus LLC as of December 31, 2021. 5 What is Molly's ending tax capital account in Focus LLC. On December 31,2021. 6 What are the tax implications for Molly's contribution of services in exchange for a fully vested capital and profits interest? 7 What is Shelby's tax basis in Focus LLC as of December 31, 2021? 8 Shelby's ending tax capital account as of December 31, 2021 9 Bankroll's tax basis in its investment in Focus LLC as of December 31, 2021 O Bankroll's ending tax capital account in Focus LLC as of December 31, 2021 1 Bankroll's taxable income for the year ended December 31, 2021 2 What is the tax treatment for the distributions made for both Travis and Judy 3 Travis's tax basis in Bankroll's stock as of January 1, 2022 4 Judy's tax basis in Bankroll's stock as of January 1, 2022 5 What would have happened if Bankroll would have structured itself as a partnership or an S Corp - list some ways that your answers would have changed and which entity you would have recommended and why.