Partnership Tax Return INSTRUCTIONS Please use the information below to complete the Form 1065 and the Schedule K-1 for Malcolm Fox only. Blank forms…

65,000

Accumulated depreciation       (36,576)                      (44,695)

Total assets                           $287,000                     $232,900

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Liabilities and Equity          January 1, 2012        December 31, 2012

Nonrecourse debt on

Equipment                             $47,000                       $32,000

Capital, Fox                            120,000                       100,450

Capital, Ford                           120,000                       100,450

Total Liabilities and Equity      $287,000                     $232,900

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