�\pJames N. Willis 'J?S �"�:B�  dü©ñÒMbP?_"*+�€%,����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 x�Arial��&�?'�?(�?)�?M dXX�"dXX�?�?@V General00.00#,##0 #,##0.00#,##0_);\(#,##0\)#,##0_);[Red]\(#,##0\)#,##0.00_);\(#,##0.00\)#,##0.00_);[Red]\(#,##0.00\)"$"#,##0_);\("$"#,##0\)"$"#,##0_);[Red]\("$"#,##0\) "$"#,##0.00_);\("$"#,##0.00\)%""$"#,##0.00_);[Red]\("$"#,##0.00\)0%0.00% 0.00E+00 #\ ?/? #\ ??/?? m/d/yy d\-mmm\-yy d\-mmm mmm\-yy h:mm\ AM/PMh:mm:ss\ AM/PMh:mm h:mm:ss m/d/yy\ h:mm ##0.0E+0mm:ss@52_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_),)_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)=:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)41_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) -7C � �C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C  �C !� ��C � ��C  � ��C � ��C  � ��C  �C  �C  (�C !8�C #�C  8�C  �C "8�C "�C "8ÎÁÁÁÁC  "8ÎÁÁÁÁC  "<ÎÁÁÁÁC "8ÎÁÁÁC &8��C &8�C  (��C "<ÎÁÁÂÁC "<ÎÁÁÂC "<ÎÁÂÁC "8ÎÆÁC "8�ÁC "8�ÂÁC !8��C #<��C  ,�C  l�C  �C #<ÎÂ�ÁC #<��ÁC  ,��ÁC #<�ÁÂÁC #<ÎÂÁC #<�ÁC  ,�ÁC #<�ÂÁC "8�ÁÁC "8ÎÆ�Á“€��€��€��€��€��€�U} �-Á} �Á} $ � J  ,l@ ,j@ ,J@ ,d@  ,d� ,|� ,��  ,�� ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@ ,�@f^Table 5. -- 2000, S-Corporations, All Returns: Total Income and Deductions, Portfolio Income, F>Rental Income, and Total Net Income, by Number of Shareholders`X(All figures are estimates based on samples--money amounts are in thousands of dollars.)$$$$$$$$$ (9"Number of shareholders######  )Item8 Total [1]~ �?~ @~ @ 4-10  11-20 21-30! 31 or greater * '(1) %(2) %(3) %(4) %(5) %(6) %(7) &(8) Number of returns0 2,860,4784 1,598,7954852,1124183,7854191,367415,524 42,664 2,356   Number of shareholders1 5,209,6215 1,598,7955 1,704,2235551,3545975,8045215,432565,34698,666   Total assets 1 1,790,711,766 5 561,456,320 5 370,422,546 5 180,896,799 5 395,699,595 5 125,189,592 5 53,401,861  100,449,182  Total receipts [2] 1 3,617,477,105 5 1,239,774,080 5 954,203,198 5 404,656,518 5 730,625,941 5 157,014,780 5 56,951,986  69,447,857   Business receipts 1 3,557,650,166 5 1,223,041,662 5 941,134,239 5 397,857,945 5 718,595,285 5 152,697,860 5 54,848,373  64,725,407A 9 Interest on government obligations: State and local [2] 1 1,336,228 5369,082 5158,217 5100,115 5373,409 5136,626 554,910 143,869%  Net gain, noncapital assets 1 5,825,277 5 1,985,238 5 1,636,644 5562,460 5 1,018,293 5256,508 5132,721 213,451 Other receipts1 52,665,4345 14,378,0985 11,274,0985 6,135,9985 10,638,9535 3,923,7875 1,915,981 4,365,131Total deductions1 3,477,031,7505 1,190,147,9535 919,726,0125 389,702,0995 702,938,9005 149,821,2585 54,589,367 65,249,297 Cost of goods sold1 2,264,680,9055 733,740,1735 601,381,8735 266,358,8755 483,985,4025 101,436,2915 31,874,250 42,707,419" Compensation of officers1 142,173,0385 56,530,6945 41,597,0015 16,287,7305 21,653,4825 3,056,9085 1,366,647 1,572,031 Salaries and wages1 371,543,9145 135,209,3455 95,763,5435 37,664,7455 69,047,2745 16,164,5125 9,731,412 7,569,790 Repairs1 21,824,8085 7,980,1095 5,965,8175 2,174,8675 4,192,0075920,0315276,312283,665 Bad debts1 7,422,2625 2,134,2345 2,042,4035825,9875 1,690,8165382,8805140,920197,078( Rent paid on business property1 87,994,1315 34,182,7595 24,810,4665 9,316,3025 15,057,3715 2,595,8965 1,090,535795,662 Taxes paid1 71,917,0805 25,558,7665 18,864,7935 7,529,6635 14,029,2665 3,059,4905 1,384,228 1,407,567 Interest paid1 47,409,3135 14,869,4835 10,459,3275 4,876,3125 9,825,5615 3,169,1775 1,439,990 2,571,070 Amortization1 4,472,5805 1,530,0355905,1535458,9115 1,019,3675320,245587,212151,329 Depreciation1 61,551,7525 20,573,3165 15,218,1015 6,283,7765 13,325,1495 3,484,3105 1,164,685 1,418,780 Depletion1597,561542,333531,852545,181572,7505154,417519,284231,744 Advertsing1 33,237,2125 11,489,7225 9,207,1995 3,253,9075 6,439,6055 1,575,0995558,674691,337A9 Pension, profit-sharing, stock bonus, and annuity plans1 13,162,2055 4,870,6555 2,819,6785 1,274,3295 2,483,1845676,4895635,582387,738# Employee benefit programs1 27,602,9535 7,790,5005 6,686,3385 3,123,4645 6,640,3245 1,764,0525841,965720,568% Net loss, noncapital assets1909,8505372,6345252,5955105,1985134,114511,203 57,88516,920 Other deductions1 320,532,1865 133,273,1975 83,719,8755 30,122,8525 53,343,2285 11,050,2575 3,969,788 4,526,601 ,l@! ,�@" ,�@# ,�@$ ,�@% ,�@& ,�@' ,�@( ,�@) ,�@* ,�@+ ,�@, ,�@- ,�@. ,�@/ ,�@0 ,�@1 ,�@2 ,�@3 ,�@ 4 ,�@5 ,@6 ,�@7 ,�@8 ,�@9 ,l@: ,Z@; ,Z@< ,Z@= ,Z@> ,Z@? ,Z@0 (Total receipts less total deductions [2] 1 140,445,354 5 49,626,126 5 34,477,185 5 14,954,419 5 27,687,040 5 7,193,522 5 2,362,619  4,198,560>!6Net income (less deficit) from a trade or business [2]!1 139,109,127!5 49,257,045!5 34,318,968!5 14,854,304!5 27,313,631!5 7,056,897!5 2,307,708! 4,054,691" Net income"1 199,827,055"5 76,966,930"5 48,299,907"5 20,195,558"5 37,297,160"5 8,908,443"5 3,121,443" 4,852,877# Deficit#1 60,717,928#5 27,709,885#5 13,980,938#5 5,341,254#5 9,983,529#5 1,851,547#5813,735#798,186C$;Portfolio income (less deficit) distributed to shareholders$1 53,192,557$5 16,380,190$5 9,214,964$5 3,748,858$5 13,070,765$5 2,960,831$5 1,595,831$ 6,064,383% Dividend income%1 2,145,920%5821,443%5304,134%5187,597%5450,310%5141,746%563,727%171,157& Interest income&1 13,744,331&5 4,684,487&5 2,701,712&5 1,274,190&5 3,397,856&5873,936&5343,568&441,432$' Royalty income (less loss)'1769,597'5321,129'572,513'542,685'5199,887'540,285'513,732'32,0151() Net short-term capital gain (less loss)(1 -1,918,358(5 -2,099,007(588,123(580,604(5-115,739 (53,639 (51,581(45,4490)( Net long-term capital gain (less loss))1 38,110,217)5 12,650,727)5 6,173,487)5 2,139,147)5 9,103,170)5 1,890,237)5 1,172,327) 4,981,790&* Other portfolio income (net)*1340,849 *51,410*5-125,005*524,635*535,282*510,988 *5896*392,5394+,Real estate rental net income (less deficit)+1 5,448,040+5 1,183,904+5 1,290,323+5683,046+5 1,473,546+5447,545+5175,642+155,864, Net income,1 8,275,616,5 2,302,495,5 1,841,263,5875,741,5 2,362,208,5489,311,5186,218,180,209- Deficit~ -2Þ”�~ -6þED~ -6v�!~ -6¸…A~ -6�+A~ -6Àdä@~ -6¨Ä@~ -@Æ×@<.4Net income (less deficit) from other rental activity.1786,164.567,254.5179,738.5139,749.5247,452.5105,045.531,629.15,294/ Net income~ /2~¶O~ /6@�A~ /6D�A~ /6�A~ /6�1A~ /6ÀÕþ@~ /6@\á@~ /‘Î@0 Deficit~ 02¬ºA~ 06h�A~ 06`?÷@~ 06@¯Û@~ 06 »è@~ 06ÀÁÔ@~ 06ª®@~ 0@v@'1Total net income (less deficit)11 198,535,88815 66,888,39215 45,003,99315 19,425,95615 42,105,39515 10,570,31715 4,110,8101 10,290,2322 Net income21 254,216,20525 92,949,18825 58,239,19025 24,312,62125 51,038,42325 12,030,08825 4,677,8902 10,753,9583+ Deficit33 55,680,31737 26,060,79637 13,235,19737 4,886,66537 8,933,02837 1,459,77037567,0803,463,726�4-�[1] Total includes S corporations for which neither a number of shareholders was reported nor a Schedule K-1, Shareholder's Share of Income, Credits, Deductions, etc., was filed.44444444�5-�[2] Includes interest on Government obligations: State and local, which is not reflected in net income (less deficit) from a trade or business.55555555<6.4NOTE: Details may not add to totals due to rounding.66666666n7/fSource: Internal Revenue Service, Statistics of Income Division, Unpublished, Final Data, April 2003.777777778/ 88888888999999999:::::::::;;;;;;;;;<<<<<<<<<=========>>>>>>>>>?????????@ ,�@A ,Z@B ,Z@C ,Z@D ,Z@E ,Z@F ,Z@G ,Z@H ,Z@I ,Z@@@@@@@@@@AAAAAAAAABBBBBBBBBCCCCCCCCCDDDDDDDDDEEEEEEEEEFFFFFFFFFGGGGGGGGGHHHHHHHHHIIIIIIII= X�\+�> ��" ������������������������������