USA Schedule M2, Form 1120 Equity

[mparacha]

I am working on a tax return. The client has gross receipts under 250k so he does not have schedule L M1 and M2. I would like to complete the M2 but only have the AAA balance from last year, which seems high, probably due to distributions not reflected. I have done a cash flow this year figured out the decrease in cash not reflected income. It is likely to be distribution. But it does not bring the account balance close to the bank balance because the opening is too high . I am wondering if can show the entire amount (adjustment) on line 7 of Schedule M2 (distributions). Any thoughts?