which of these s corporations is required to file schedule m-1, reconciliation of income (loss) per books with income (loss) per return? aladdin, inc. has total receipts of $227,963 and total assets of $175,987 at the end of the tax year. dandy, inc. has total receipts of $203,437 and total assets of $156,176 at the end of the tax year. sebastian, inc. has total receipts of $512,123 and total assets of $213,947 at the end of the tax year. waldo, inc. has total receipts of $242,222 and total assets of $201,397 at the end of the tax year.
