tax return

Feeny University LLC serves as tutors and instructors for college students in the Philadelphia area. Relevant information is as follows:
The following information was taken from the LLCs income statement for 2016:
Income Statement
Revenues
Fees and Commissions
$5500000
Taxable interest income from bank deposits
3800
Tax-exempt interest
2900
Net gains
7500
Total revenues
$5514200
Expenses
Advertising and public relations
$475000
Charitable contributions
44000
Section 179 expense
82000
Employee salaries and wages
995000
Guaranteed payment Cory Matthews office manager
550000
Guaranteed payment other members
690000
Meals and Entertainment
194000
Travel
325000
Legal and accounting fees
130000
Office rentals paid
95000
Interest expense on operating line of credit
8000
Liability insurance premium
60000
Office expense
190000
Payroll taxes
90000
Utilities
65000
Total expenses
$3993000
During the past few years Feeny University has taken advantage of bonus depreciation and 179 deductions and fully remodeled the premises and upgraded its leasehold improvements. This year Feeny wrapped ups its remodeling with the purchase of $82000 of office furniture for which it will claim a 179 deduction. Feeny University uses the same cost recovery methods for both tax and financial purposes. There is no depreciation adjustment for alternative minimum tax purposes.
Feeny invests much of its excess cash in non-dividend-paying growth stocks and tax-exempt securities. During the year the LLC sold two securities. On July 4 2016 the company purchased 1500 shares of Jules Inc. stock for $130000; it sold those shares on December 6 2016 for $130500. On January 10 2006 Feeny purchased 2500 shares of Bait Inc. stock for $102000; it sold those shares for $106000 on December 6 2016. Both sales were reported by Feenys broker on a 1099-B with basis information. Feeny also sold equipment originally costing $7400 when purchased on February 2 2005 for $3000 on June 15 2016. The equipment had been fully depreciated.
Net income per books is $1521200. The firms activities do no constitute qualified production activities for purposes of the 199 deduction. On January 1 2016 the members capital accounts equalled $365175 each. No additional capital contributions were made in 2016. In addition to their guaranteed payments each member withdrew $350000 cash during the year.
Feenys book balance sheet as of December 31 2016 is as follows.
Beginning
Ending
Cash
$1283500
$ ??
Tax-exempt securities
110000
140000
Marketable securities
217200
320200
Leasehold improvements furniture and equipment
1009000
1050600
Accumulated depreciation
(1009000)
(1050600)
Total assets
$1610700
$ ??
Line of credit for operations
$150000
150000
Capital Cory
365175
??
Capital Eric
365175
??
Capital Shawn
365175
??
Capital Topanga
365175
??
Total liabilities and capital
$1000000
$ ??
All debt is shared equally by the members. Each member has personally guaranteed the debt of the LLC. The business code for Educational services (including schools colleges & universities) is 611000. The LLCs Form 1065 was prepared by Cory Matthews and sent to the Scranton PA IRS Service Center. All of the members are active in Feeny Universitys operations. Prepare Form 1065 for the partnership with all required supporting forms and schedules. However only prepare Schedule K-1 for Cory Matthews 567 Phillips Road Philadelphia PA 19109. Submit as one PDF as per the instructions.