Notice of Filing, In re ERC Repair LLC
Summary
Notice of Filing by the debtor ERC Repair LLC, filed October 3, 2025 as Doc 13 in Case No. 6:25-bk-06126-LVV, a Chapter 11 Subchapter V case, in the United States Bankruptcy Court for the Middle District of Florida, Orlando Division. Through counsel Justin M. Luna (/s/), the debtor files its most recent financial documents, described as unaudited and subject to revision. The balance sheet as of September 23, 2025 lists total assets of $4,037,143.87, including cash in bank of $1,057,207.49, and total liabilities of $2,217,190.92. The income statement reports services income of $902,090.25 and operating income of $426,718.64. The attached Form 1120 return for calendar year 2024 reports gross receipts of 3,915,078.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
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“Notice of Filing, In re ERC Repair LLC.”
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Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 1 of 13
UNITED STATES BANKRUPTCY COURT
MIDDLE DISTRICT OF FLORIDA
ORLANDO DIVISION
In re:
CASE NO. 6:25-bk-06126-LVV
ERC REPAIR LLC, CHAPTER 11
Subchapter V Election
Debtor.
__________________________________________/
NOTICE OF FILING
ERC REPAIR LLC, (“Debtor”), by and through its undersigned counsel, hereby files the
following copies of Debtor’s most recent financial documents, that are unaudited and subject to
revision:
1. Balance Sheet as of September 23, 2025
2. Income Statement Ending September 23, 2025.
3. 2024 Filed Tax Return
CERTIFICATE OF SERVICE
I HEREBY CERTIFY that a true copy of the foregoing has been furnished either
electronically and/or by U.S. First Class, postage prepaid overnight mail to: ERC Repair LLC,
5971 Brick Ct., Suite 2011, Winter Park, Florida 32792; all parties entitled to receive electronic
noticing via CM/ECF; Subchapter V Trustee, Aaron R. Cohen, PO Box 4218, Jacksonville,
Florida 32201; and the U.S. Trustee, 400 West Washington Street, Suite 1100, Orlando, Florida
32801; this 3rd day of October 2025.
/s/ Justin M. Luna
Justin M. Luna, Esq.
Florida Bar No. 0037131
jluna@lathamluna.com
LATHAM, LUNA, EDEN & BEAUDINE, LLP
Bknotice1@lathamluna.com
201 S. Orange Ave., Suite 1400
Orlando, Florida 32801
Telephone: 407-481-5800
Fax: 407-481-5801
Attorney for the Debtor
1
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 2 of 13
ERC Repair, LLC
Balance Sheet
September 23, 2025
Assets
Current Assets
Cash In Bank $ 1,057,207.49
Accounts Receivable 1,513,281.76
Advanced Commissions Paid 62,229.10
Due From Related Affiliates
Due from Clear ERC 520,279.52
Due from Jason Birkett 40,822.62
Due from Musical Star 520.00
Due from Neogen 2,208.27
Due from Prosoft 500.00
Due from Voicio 1,882.04
Total Due From Affiliates 566,212.45
Prepaid Income Tax
Prepaid Federal Income Tax 95,043.00
Prepaid State Income Tax 24,892.00
Total Prepaid Income Tax 119,935.00
Total Current Assets $ 3,318,865.80
Other Assets
Investment In Angels In Your Home 718,278.07
Total Other Assets 718,278.07
Total Assets $ 4,037,143.87
Read Accountant's Compilation Report
Hartsock and Mann, L.L.C.
Certified Public Accountants
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 3 of 13
ERC Repair, LLC
Balance Sheet
September 23, 2025
Liabilities and Members' Equity
Current Liabilities
Accounts Payable
Commissions Payable $ 239,476.04
Total Accounts Payable $ 239,476.04
Other Current Liabilities
Federal Income Tax Payable 466,252.00
Florida State Income Tax Payable 126,190.00
Unearned Revenue 666,994.81
Total Other Current Liabilities 1,259,436.81
Total Current Liabilities 1,498,912.85
Long Term Liabilities
Due To Angels In Your Home 718,278.07
Total Long Term Liabilities 718,278.07
Total Liabilities 2,217,190.92
Members' Equity
Additional Paid In Capital 100.00
Retained Earnings 1,819,852.95
Total Members' Equity 1,819,952.95
Total Liabilities and Members' Equity $ 4,037,143.87
Read Accountant's Compilation Report
Hartsock and Mann, L.L.C.
Certified Public Accountants
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 4 of 13
ERC Repair, LLC
Income Statement
For the 9 Months and 23 Days
Ended September 23, 2025
Sales and Other Sources of Income
Services $ 902,090.25
Total Sales and Other Sources of Income 902,090.25
Cost of Goods Sold
Commissions & Fees 115,882.95
Total Cost of Goods Sold 115,882.95
Gross Profit 786,207.30
Operating Expenses
Accounting Fees 41,664.96
Advertising and Promotion 2,546.29
Bank Fees and Service Charges 500.32
Business Meals 1,787.02
Contract Labor 65,364.66
Legal Fees 147,219.85
Office Expense 9,236.37
Outside Services 52,000.00
Penalties 25,866.00
Rent 10,119.52
Storage 336.59
Travel 336.54
Utilities 2,510.54
Total Operating Expenses 359,488.66
Operating Income (Loss) 426,718.64
Read Accountant's Compilation Report
Hartsock and Mann, L.L.C.
Certified Public Accountants
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 5 of 13
Form 1120 U.S. Corporation Income Tax Return
For calendar year 2024 or tax year beginning , 2024, ending ,20
OMB No. 1545-0123
Department of the Treasury
Internal Revenue Service Go to www.irs.gov/Form1120 for instructions and the latest information. 2024
A Check if: B Employer identification number
1a Consolidated return
(attach Form 851). . . . TYPE
99-1761051
b Life/nonlife consoli- OR ERC REPAIR LLC C Date incorporated
dated return. . . . . . .
PRINT 5971 BRICK COURT SUITE 2011 3/06/2024
2 Personal holding co.
(attach Sch. PH). . . . . WINTER PARK, FL 32792 D Total assets (see instructions)
3 Personal service
corp. (see instrs) . . . . $ 2,716,369.
4 Schedule M-3 attached E Check if: (1) X Initial return (2) Final return (3) Name change (4) Address change
1 a Gross receipts or sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 3,915,078.
b Returns and allowances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b
c Balance. Subtract line 1b from line 1a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c 3,915,078.
2 Cost of goods sold (attach Form 1125-A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1,918,240.
I
N 3 Gross profit. Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1,996,838.
C
O 4 Dividends and inclusions (Schedule C, line 23) 4
M 5
E 5 Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Gross royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Capital gain net income (attach Schedule D (Form 1120)). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Other income (see instructions ' attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Total income. Add lines 3 through 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 1,996,838.
12 Compensation of officers (see instructions ' attach Form 1125-E). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Salaries and wages (less employment credits) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Repairs and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
F
D O 15 Bad debts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
E
D
R
16 Rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 33,374.
U
C
L
I
17 Taxes and licenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 92,549.
T M 18 Interest (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
I I
O T 19 Charitable contributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
N A
S T 20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) . 20
I
S O 21 Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
E N
E S 22 Advertising. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 1,392.
I O 23 Pension, profit-sharing, etc., plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
N N
S 24 Employee benefit programs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
T D
R E 25 Energy efficient commercial buildings deduction (attach Form 7205) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
U
C
D
U 26 Other deductions (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SEE STATEMENT
.......... . . . . . . . . .1...... 26 282,308.
T
I
C
T 27 Total deductions. Add lines 12 through 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 409,623.
O
N
I
O 28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. . . . . . . . . . . . . . . . . . . . 28 1,587,215.
S N
S 29 a Net operating loss deduction (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . 29 a
b Special deductions (Schedule C, line 24). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 b
c Add lines 29a and 29b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 c
T
C
R
30 Taxable income. Subtract line 29c from line 28. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 1,587,215.
A
X,
E
D 31 Total tax (Schedule J, line 12). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 333,315.
I
R T 32 Reserved for future use. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
E S,
F 33 Total payments and credits (Schedule J, line 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 0.
U A
N N 34 Estimated tax penalty. See instructions. Check if Form 2220 is attached . . . . . . . . . . . . . . . . . . . . . . 34 17,312.
D D
A 35 Amount owed. If line 33 is smaller than the total of lines 31 and 34, enter amount owed. . . . . . . . . . . . . . 35 350,627.
B P
L M 36 Overpayment. If line 33 is larger than the total of lines 31 and 34, enter amount overpaid. . . . . . . . . . . . . 36
E T
S 37 Enter amount from line 36 you want: Credited to 2025 estimated tax. . . . . . Refunded 37
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge May the IRS discuss
and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. this return with the
Sign preparer shown below?
Here MANAGING MEMBER See instructions.
Signature of officer Date Title X Yes No
Print/Type preparer's name Preparer's signature Date PTIN
Check if
Paid ROBERT FORBES self-employed
Preparer Firm's name HARTSOCK & MANN, L.L.C. Firm's EIN 59-3686677
Use Only Firm's address P O BOX 1449
SANFORD, FL 32772 Phone no. (407) 322-4854
BAA For Paperwork Reduction Act Notice, see separate instructions. Form 1120 (2024)
CPCA0205 09/10/24
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 6 of 13
ERC REPAIR LLC
Form 1120 (2024) 99-1761051 Page 2
Schedule C Dividends, Inclusions, and Special (a) Dividends and (b) Percentage (c) Special deductions
Deductions (see instructions) inclusions (a) x (b)
1 Dividends from less-than-20%-owned domestic corporations (other
than debt-financed stock). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
2 Dividends from 20%-or-more-owned domestic corporations (other
than debt-financed stock). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
3 Dividends on certain debt-financed stock of domestic and foreign See
corporations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . instructions
4 Dividends on certain preferred stock of less-than-20%-owned
public utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23.3
5 Dividends on certain preferred stock of 20%-or-more-owned
public utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26.7
6 Dividends from less-than-20%-owned foreign corporations and
certain FSCs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
7 Dividends from 20%-or-more-owned foreign corporations and
certain FSCs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
8 Dividends from wholly owned foreign subsidiaries . . . . . . . . . . . . . . . . . . 100
See
9 Subtotal. Add lines 1 through 8. See instructions for limitations . . . . . instructions
10 Dividends from domestic corporations received by a small business
investment company operating under the Small Business
Investment Act of 1958. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
11 Dividends from affiliated group members . . . . . . . . . . . . . . . . . . . . . . . . . . 100
12 Dividends from certain FSCs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
13 Foreign-source portion of dividends received from a specified
10%-owned foreign corporation (excluding hybrid dividends)
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
14 Dividends from foreign corporations not included on line 3, 6, 7, 8,
11, 12, or 13 (including any hybrid dividends). . . . . . . . . . . . . . . . . . . . . .
15 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16a Subpart F inclusions derived from the sale by a controlled foreign
corporation (CFC) of the stock of a lower-tier foreign corporation
treated as a dividend (attach Form(s) 5471) (see instructions) . . . . . . 100
b Subpart F inclusions derived from hybrid dividends of tiered
corporations (attach Form(s) 5471) (see instructions). . . . . . . . . . . . . . .
c Other inclusions from CFCs under subpart F not included on line
16a, 16b, or 17 (attach Form(s) 5471) (see instructions) . . . . . . . . . . . .
17 Global Intangible Low-Taxed Income (GILTI) (attach Form(s) 5471
and Form 8992). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18 Gross-up for foreign taxes deemed paid. . . . . . . . . . . . . . . . . . . . . . . . . . .
19 IC-DISC and former DISC dividends not included on line 1, 2, or 3 . .
20 Other dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21 Deduction for dividends paid on certain preferred stock of
public utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 Section 250 deduction (attach Form 8993). . . . . . . . . . . . . . . . . . . . . . . . .
23 Total dividends and inclusions. Add column (a), lines 9 through 20.
Enter here and on page 1, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24 Total special deductions. Add column (c), lines 9 through 22. Enter here and on page 1, line 29b. . . . . . . . . . . . . . . . .
Form 1120 (2024)
CPCA0212 09/10/24
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 7 of 13
Form 1120 (2024) ERC REPAIR LLC 99-1761051 Page 3
Schedule J Tax Computation and Payment (see instructions)
1 a Income tax(see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 333,315.
b Tax from Form 1120-L (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b
c Section 1291 tax from Form 8621 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c
d Tax adjustment from Form 8978 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d
e Additional tax under section 197(f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1e
f Base erosion minimum tax from Form 8991. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f
g Amount from Form 4255, Part I, line 3, column (q). . . . . . . . . . . . . . . . . . . . . . . . . . . . 1g
z Other chapter 1 tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1z
2 Total income tax. Add lines 1a through 1z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 333,315.
3 Corporate alternative minimum tax from Form 4626, Part II, line 13 (attach Form 4626). . . . . . . . . . . . . . . . . . . . . 3
4 Add lines 2 and 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 333,315.
5 a Foreign tax credit (attach Form 1118) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a
b Credit from Form 8834 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b
c General business credit (see instructions ' attach Form 3800). . . . . . . . . . . . . . . . . 5c
d Credit for prior year minimum tax (attach Form 8827) . . . . . . . . . . . . . . . . . . . . . . . . . 5d
e Bond credits from Form 8912 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e
f Adjustment from Form 8978 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5f
6 Total credits. Add lines 5a through 5f. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Subtract line 6 from line 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 333,315.
8 Personal holding company tax (attach Schedule PH (Form 1120)). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 a Amount from Form 4255, Part I, line 3, column(r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a
b Recapture of low-income housing credit (attach Form 8611). . . . . . . . . . . . . . . . . . . . 9b
c Completed long-term contract look-back interest due (attach Form 8697) 9c
d Interest due under the look-back method ' income forecast method (attach Form 8866) 9d
e Alternative tax on qualifying shipping activities (attach Form 8902) . . . . . . . . . . . . . 9e
f Interest/tax due under section 453A(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9f
g Interest/tax due under section 453(l) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9g
z Other (see instructions ' attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9z
10 Total. Add lines 9a through 9z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 a Total tax before deferred taxes. Add lines 7, 8, and 10 . . . . . . . . . . . . . . . . . . . . . . . . 11a 333,315.
b Deferred tax on the corporation's share of undistributed earnings of a qualified
electing fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11b
c Deferred LIFO recapture tax (section 1363(d)) 11c
12 Total tax. Subtract the sum of lines 11b and 11c from 11a. Enter here and on page 1, line 31. . . . . . . . . . . . . . . 12 333,315.
13 Preceding year's overpayment credited to the current year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Current year's estimated tax payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Current year's refund applied for on Form 4466 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 ( )
16 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Tax deposited with Form 7004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Withholding (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Total payments. Combine lines 13 through 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 0.
20 Refundable credits from:
a Form 2439. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 a
b Form 4136. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 b
c Credit for tax withheld under chapter 3 or 4 from Form 1042-S, Form 8805, or
Form 8288 (attach the applicable form). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 c
z Other (attach statement ' see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 z
21 Total credits. Add lines 20a through 20z. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22 Elective payment election amount from Form 3800. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
23 Total payments and credits. Add lines 19, 21, and 22. Enter here and on page 1, line 33. . . . . . . . . . . . . . . . . . . 23 0.
Form 1120 (2024)
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Form 1120 (2024) ERC REPAIR LLC 99-1761051 Page 4
Schedule K Other Information (see instructions)
1 Check accounting method: a X Cash b Accrual c Other (specify) Yes No
2 See the instructions and enter the:
a Business activity code no. 541219
b Business activity SERVICE
c Product or service ACCOUNTING
3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," enter name and EIN of the parent corporation
4 At the end of the tax year:
a Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt
organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of
the corporation's stock entitled to vote? If "Yes," complete Part I of Schedule G (Form 1120) (attach Schedule G). . . . . . . . . . . . X
b Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of
all classes of the corporation's stock entitled to vote? If "Yes," complete Part II of Schedule G (Form 1120) (attach Schedule G) . . . . . . . X
5 At the end of the tax year, did the corporation:
a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled
to vote of any foreign or domestic corporation not included on Form 851, Affiliations Schedule? For rules of constructive
ownership, see instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," complete (i) through (iv) below.
(ii) Employer (iii) Country of (iv) Percentage
(i) Name of Corporation Identification Number Incorporation Owned in Voting
(if any) Stock
b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in any foreign or domestic
partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive
ownership, see instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," complete (i) through (iv) below.
(ii) Employer (iii) Country of (iv) Maximum
(i) Name of Entity Identification Number Organization Percentage Owned in
(if any) Profit, Loss, or Capital
6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in
excess of the corporation's current and accumulated earnings and profits? See sections 301 and 316 . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452.
If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary.
7 At any time during this tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of
all classes of the corporation's stock entitled to vote or at least 25% of the total value of all classes of the corporation's stock? X
For rules of attribution, see section 318. If "Yes," enter:
(a) Percentage owned and (b) Owner's country
(c) The corporation may have to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign
Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached
8 Check this box if the corporation issued publicly offered debt instruments with original issue discount . . . . . . . . . . . . . . . . . . .
If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.
9 Enter the amount of tax-exempt interest received or accrued during this tax year $ NONE
10 Enter the number of shareholders at the end of the tax year (if 100 or fewer) 1
11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions). . . . . . . . . . . . . . . . . . . . . . . . .
If the corporation is filing a consolidated return, the statement required by Regulations section 1.1502-21(b)(3) must be
attached or the election will not be valid.
12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction reported on page 1, line 29a). . . . . . $ NONE
Form 1120 (2024)
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Form 1120 (2024) ERC REPAIR LLC 99-1761051 Page 5
Schedule K Other Information (continued from page 4)
Yes No
13 Are the corporation's total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year and its total assets at the end
of the tax year less than $250,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter
the total amount of cash distributions and the book value of property distributions (other than cash)
made during this tax year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
14 Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement? See instructions . . . . . . . . . . X
If "Yes," complete and attach Schedule UTP.
15 a Did the corporation make any payments that would require it to file Form(s) 1099?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
b If "Yes," did or will the corporation file required Form(s) 1099?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
16 During this tax year, did the corporation have an 80%-or-more change in ownership, including a change due to redemption of
its own stock? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by
value) of its assets in a taxable, non-taxable, or tax deferred transaction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
18 Did this corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or
fair market value of more than $1 million?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
19 During this corporation's tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S
under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code?. . . . . . . . . . . . . . . . . . . . . . X
20 Is the corporation operating on a cooperative basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
21 During this tax year, did the corporation pay or accrue any interest or royalty for which the deduction is not allowed under
section 267A? See instructions X
If "Yes," enter the total amount of the disallowed deductions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
22 Does this corporation have gross receipts of at least $500 million in any of the 3 preceding tax years?
(See sections 59A(e)(2) and (3).) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," complete and attach Form 8991.
23 Did the corporation have an election under section 163(j) for any real property trade or business or any farming business
in effect during this tax year? See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
24 Does the corporation satisfy one or more of the following? If "Yes," complete and attach Form 8990. See instructions. . . . . . . X
a The corporation owns a pass-through entity with current, or prior year carryover, excess business interest expense.
b The corporation's aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years preceding
the current tax year are more than $30 million and the corporation has business interest expense.
c The corporation is a tax shelter and the corporation has business interest expense.
25 Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," enter amount from Form 8996, line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
26 Since December 22, 2017, did a foreign corporation directly or indirectly acquire substantially all of the properties held directly
or indirectly by the corporation, and was the ownership percentage (by vote or value) for purposes of section 7874 greater than
50% (for example, the shareholders held more than 50% of the stock of the foreign corporation)? If "Yes," list the ownership
percentage by vote and by value. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
Percentage: By Vote By Value
27 At any time during this tax year, did the corporation (a) receive a digital asset (as a reward, award, or payment for property or services); or (b) sell, exchange,
or otherwise dispose of a digital asset (or a financial interest in a digital asset)? See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
28 Is the corporation a member of a controlled group? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If "Yes," attach Schedule O (Form 1120). See instructions.
29 Corporate Alternative Minimum Tax:
a Was the corporation an applicable corporation under section 59(k)(1) in any prior tax year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If “Yes,” go to question 29b. If “No,” skip to question 29c.
b Is the corporation an applicable corporation under section 59(k)(1) in the current tax year because the corporation was an
applicable corporation in the prior tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” complete and attach Form 4626. If “No,” continue to question 29c.
c Does the corporation meet the requirements of the safe harbor method as provided under section 59(k)(3)(A) for the current tax year? See instructions. . . . . . . X
If “No,” complete and attach Form 4626. If “Yes,” the corporation is not required to file Form 4626.
30 Is the corporation required to file Form 7208 relating to the excise tax on repurchase of corporate stock (see instructions):
a Under the rules for stock repurchased by a covered corporation (or stock acquired by its specified affiliate)?. . . . . . . . . . . . . . . . X
b Under the applicable foreign corporation rules? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
c Under the covered surrogate foreign corporation rules?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If “Yes” to either 30a, 30b, or 30c, complete Form 7208, Excise Tax on Repurchase of Corporate Stock. See the Instructions for Form 7208.
31 Is this a consolidated return with gross receipts or sales of $1 billion or more and a subchapter K basis adjustment,
as described in the instructions, of $10 million or more?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
If “Yes,” attach a statement. See instructions.
CPCA0234 09/10/24 Form 1120 (2024)
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 10 of 13
Form 1120 (2024) ERC REPAIR LLC 99-1761051 Page 6
Schedule L Balance Sheets per Books Beginning of tax year End of tax year
Assets (a) (b) (c) (d)
1 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,025,756.
2 a Trade notes and accounts receivable. . . . . . . . 274,641.
b Less allowance for bad debts . . . . . . . . . . . . . . . ( ) ( 60,222.) 214,419.
3 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 U.S. government obligations. . . . . . . . . . . . . . . .
5 Tax-exempt securities (see instructions). . . . .
6 Other current assets (attach statement). . . . SEE ..... ST. . . .2. 717,303.
7 Loans to shareholders. . . . . . . . . . . . . . . . . . . . . . 40,613.
8 Mortgage and real estate loans . . . . . . . . . . . . .
9 Other investments (attach statement) . . . . . . . . . . . . . . .
10 a Buildings and other depreciable assets. . . . . .
b Less accumulated depreciation . . . . . . . . . . . . . ( ) ( )
11 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) . . . . . . . . .SEE ..... ST. . . .3. 718,278.
15 Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 2,716,369.
Liabilities and Shareholders' Equity
16 Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . 158,216.
17 Mortgages, notes, bonds payable in less than 1 year . . . .
18 Other current liabilities (attach stmt). . . . . SEE ...... ST. . .4. . 1,164,919.
19 Loans from shareholders . . . . . . . . . . . . . . . . . . .
20 Mortgages, notes, bonds payable in 1 year or more . . . . .
21 Other liabilities (attach statement) . . . . . . . . . . . . . . . . .
22 Capital stock: a Preferred stock. . . . . . . . . . . .
b Common stock . . . . . . . . . . . .
23 Additional paid-in capital . . . . . . . . . . . . . . . . . . . 100.
24 Retained earnings ' Approp (att stmt). . . . . . . . . . . . . .
25 Retained earnings ' Unappropriated. . . . . . . . 1,393,134.
26 Adjmt to shareholders' equity (att stmt). . . . . . . . . . . . . .
27 Less cost of treasury stock . . . . . . . . . . . . . . . . . ( ) ( )
28 Total liabilities and shareholders' equity . . . . . 0. 2,716,369.
Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return
Note: The corporation may be required to file Schedule M-3. See instructions.
1 Net income (loss) per books. . . . . . . . . . . . . . . . 1,393,134. 7 Income recorded on books this year not
2 Federal income tax per books. . . . . . . . . . . . . . . 333,315. included on this return (itemize):
3 Excess of capital losses over capital gains. . . Tax-exempt interest $
4 Income subject to tax not recorded on books SEE STMT 6 214,419.
this year (itemize): 214,419.
8 Deductions on this return not charged
5 Expenses recorded on books this year not against book income this year (itemize):
deducted on this return (itemize): a Depreciation . . $
a Depreciation. . . . . . . . $ b Charitable contribns$
b Charitable contributions . . $ SEE STMT 7 105,967.
c Travel & entertainment. . . $ 1,980.
STATEMENT 5 179,172. 105,967.
181,152. 9 Add lines 7 and 8 . . . . . . . . . . . . . . . . . . . . . 320,386.
6 Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . 1,907,601. 10 Income (page 1, line 28) ' line 6 less line 9. . . . . 1,587,215.
Schedule M-2 Analysis of Unappropriated Retained Earnings per Books (Schedule L, Line 25)
1 Balance at beginning of year . . . . . . . . . . . . . . . 5 Distributions. . . . . . . . . . . . . . . a Cash. . . .
2 Net income (loss) per books. . . . . . . . . . . . . . . . 1,393,134. b Stock c Property. . .
3 Other increases (itemize): 6 Other decreases (itemize):
7 Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . .
4 Add lines 1, 2, and 3. . . . . . . . . . . . . . . . . . . . . . . 1,393,134. 8 Balance at end of year (line 4 less line 7) . . . . . . . 1,393,134.
Form 1120 (2024)
CPCA0234 12/23/24
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 11 of 13
Form 1125-A Cost of Goods Sold
(Rev. November 2024) OMB No. 1545-0123
Attach to Form 1120, 1120-C, 1120-F, 1120S, or 1065.
Department of the Treasury
Internal Revenue Service Go to www.irs.gov/Form1125A for the latest information.
Name Employer identification number
ERC REPAIR LLC 99-1761051
1 Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Cost of labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Additional section 263A costs (attach schedule). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Other costs (attach schedule). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SEE STATEMENT
.......... . . . . . . . . .8...... 5 1,918,240.
6 Total. Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1,918,240.
7 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2, or the
appropriate line of your tax return. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1,918,240.
9 a Check all methods used for valuing closing inventory. See instructions.
(i) Cost
(ii) Lower of cost or market
(iii) Other (specify method used and attach explanation)
For certain small business taxpayers, alternative methods of accounting for inventories:
(iv) Non-incidental materials and supplies method
(v) AFS method
(vi) Non-AFS method
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 (i) If the LIFO inventory method was used for this tax year, enter amount of closing inventory figured under LIFO . . . . . . . . . . . . . . . . . . 9d(i)
(ii) If the LIFO inventory method was used for this tax year, enter amount of the closing LIFO Reserve. . . . . . . . . . . . . . . . . . . . . . . . . . 9d(ii)
e If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions. . . . . . . Yes X No
f Was there any change in determining quantities, cost, or valuations between opening and
closing inventory? If "Yes," attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
BAA For Paperwork Reduction Act Notice, see instructions. Form 1125-A (Rev. 11-2024)
CPCZ0401L 10/15/24
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 12 of 13
2024 FEDERAL STATEMENTS PAGE 1
CLIENT 6829 ERC REPAIR LLC 99-1761051
9/24/25 03:02PM
STATEMENT 1
FORM 1120, LINE 26
OTHER DEDUCTIONS
ACCOUNTING. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,150.
AUTO AND TRUCK. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,447.
BANK CHARGES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,906.
CONTRACT LABOR. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126,434.
LEGAL AND PROFESSIONAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,776.
MEALS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,980.
OFFICE EXPENSE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 771.
OUTSIDE SERVICES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,500.
SOFTWARE & APPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,740.
SOFTWARE DEVELOPERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,406.
TELEPHONE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,260.
TRAVEL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,746.
UTILITIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,192.
TOTAL $ 282,308.
STATEMENT 2
FORM 1120, SCHEDULE L, LINE 6
OTHER CURRENT ASSETS
BEGINNING ENDING
COMMISSION ADVANCES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0. $ 105,966.
DUE FROM AFFILIATES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 503,837.
DUE FROM TRIPP SCOTT PA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 107,500.
TOTAL $ 0. $ 717,303.
STATEMENT 3
FORM 1120, SCHEDULE L, LINE 14
OTHER ASSETS
BEGINNING ENDING
OTHEFROMBUSINESS INVESTMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0. $ 718,278.
TOTAL $ 0. $ 718,278.
STATEMENT 4
FORM 1120, SCHEDULE L, LINE 18
OTHER CURRENT LIABILITIES
BEGINNING ENDING
DUE TO AIYH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0. $ 718,278.
FEDERAL TAX PAYABLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 350,627.
STATE INCOME TAX PAYABLE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 96,014.
TOTAL $ 0. $ 1,164,919.
Case 6:25-bk-06126-LVV Doc 13 Filed 10/03/25 Page 13 of 13
2024 FEDERAL STATEMENTS PAGE 2
CLIENT 6829 ERC REPAIR LLC 99-1761051
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STATEMENT 5
FORM 1120, SCHEDULE M-1, LINE 5
BOOK EXPENSES NOT DEDUCTED
ACCRUAL TO CASH ADJ- A/P. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 158,216.
FEDERAL UNDERPAYMENT PENALTY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,312.
PENALTIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,644.
TOTAL $ 179,172.
STATEMENT 6
FORM 1120, SCHEDULE M-1, LINE 7
BOOK INCOME NOT ON RETURN
ACCRUAL TO CASH ADJUSTMENT - A/R. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 214,419.
TOTAL $ 214,419.
STATEMENT 7
FORM 1120, SCHEDULE M-1, LINE 8
DEDUCTIONS NOT ON BOOKS
ADVANCED COMMISSIONS PAID IN 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 105,967.
TOTAL $ 105,967.
STATEMENT 8
FORM 1125-A, LINE 5
OTHER COST OF GOODS SOLD
COGS - LEGAL AND PROFESSIONAL FEES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 370,791.
COMMISSIONS & FEES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,522,449.
INSURANCE BOND EXPENSE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000.
TOTAL $ 1,918,240.
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