On a partnerships Form 1065, which of the following statements is always true?

a. The partnership will reconcile ordinary income from operations (excluding separately stated items) to book income on Schedule M-1 or M-3. b. The partnership balance sheet is required to be presented on a tax basis. c. All partnership income and expense items are reported on Form 1065, page 1. d. The partnerships equivalent of taxable income is reported in the Analysis of Income (Loss). e. All of the above statements are true.