Fill out schedule M$-1($form $1120)$ with the following information

The corporation's balance sheet for financial accounting purposes as of December 31 , was as 4. follows Cash Marketable securities Accounts receivable Allowance for doubtful accounts Inventory Land Building Accumulated depreciation building.. H.... Equipment Accumulated depreciation- equipment Offce fumiture and fixtures Accumulated depreciation - fumiture and fixtures Organizational expenditures (original amount = $13,405) TOTAL ASSETS Liabilities Accounts payable Salaries and wages payable Payroll taxes payable Property taxes payable Federal income tax payable State franchise tax payable Notes payable Mortgage payable TOTAL LIABILITIES Stockholders' Equity Capital stock ($10 Paid-in capital pt par Retained earnings TOTAL STOCKHOLDERS' EQUITY TOTAL LIABILITIES & STOCKHOLDERS' 70,862 (1.417) $381,316 . (23.338) $ 454,575 (194.219) $ 6,646 $42,395 30,477 69,445 55,200 140,683 357,978 260,356 3,682 5 362 $ 22,738 10,665 4,267 1,789 491 5,080 383,082 422 752 $850,864 $ 10,000 72,177 32,537 $ 114 714