�\pgldobl00 f\l ^)IJB�  dü©ñÒMbP?_"*+�€%�����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1'�� Courier Newrier New¹ú 0à¸d<1 ��Arial1 ��Arial1 x�Arial��&�?'�?(�?)�?M d���"d���?�?@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/yyyy d\-mmm\-yy d\-mmm mmm\-yy h:mm\ AM/PMh:mm:ss\ AM/PMh:mm h:mm:ssm/d/yyyy\ h:mm ##0.0E+0mm:ss@52_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_),)_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)=:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)41_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_)C � �C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C � ��C  �C !� ��C � ��C  � ��C � ��C  � ��C #�C &XA�C #0�C  HA�C #XA�C #xA�C #xA��C  hA��C &xA�ÁÁC &xA��C "øAÂÁ�ÁC "üAÂÁ�ÁC "üAÂÁ�C "øA��ÁC "øA��C  hA�ÁÁC "øA�ÁÁÁC "üA�ÁÁÁC "øA�ÁÁC #xA��C #xA�ÁÁC #XA�C #xA�C &XA�C #XA�C #xA�C #XA�C !XA�C !xA��C !xA��C  HA��€��€��€��€��€��€�U} �(}  �} � \�l�@�@�"@�$@ ��@��@��@��@ ��@ ��@ ��@ ��@ ��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@<04S Corporations - Returns With and Without Net Income/=52002 Corporation Source Book of Statistics of Income,   - . .0/tlIncome Tax Returns of Active 1120S Corporations with Accounting Periods Ended July 2002 Through June 2003 --   - . .10)Wholesale and retail trade: Wholesale and/g_Balance Sheet, Income Statement, and Selected Items, by Minor Industry, by Size of Total Assets   - . ."0retail trade not allocable*x,p(All figures are estimates based on samples--money amounts and size of total assets are in thousands of dollars),,,,,, , , * + +1     2Size of Total Assets     ~ �?~  Y@~  @o@~  @@~  @@~  ˆ³@~  ˆÃ@~  jØ@~  jè@~  !jø@ SECTOR CODE 46" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &ˆ³@~ &ˆÃ@~  &jØ@~  &jè@~  &jø@  'more 0 ( 1 Number of returns..................  (*845 (- (*826 (*** (- (- (*** (*** (- (*** (- (-  0 ( 2 Total assets.......................  (*156,407 (- (*30,061 (*** (- (- (*** (*** (- (*** (- (-  0 ( 3 Cash.............................  (*11,244 (- (*6,988 (*** (- (- (*** (*** (- (*** (- (-  0 ( 4 Notes and accounts receivable....  (*54,498 (- (*21,562 (*** (- (- (*** (*** (- (*** (- (-  0 ( 5 Less: Allowance for bad debts.  (*658 (- (- (*** (- (- (*** (*** (- (*** (- (-  0( 6 Inventories...................... (*49,415 (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 7 U.S. govt. obligations, total....  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 8 Tax-exempt securities............  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 9 Other current assets............. ~ (€r@ (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 10 Loans to shareholders............  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 11 Mortgage and real estate loans...  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 12 Other investments................ ~ ( s@ (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 13 Depreciable assets............... (*31,026 (-(*2,471 (*** (- (- (*** (***  (-  (***  (-  (- 0( 14 Less: Accumulated depreciation (*11,263 (- (*960 (*** (- (- (*** (***  (-  (***  (-  (- 0( 15 Depletable assets................  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 16 Less: Accumulated depletion...  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 17 Land............................. (*1,733 (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 18 Intangible assets (Amortizable).. (*88,755 (- (*159 (*** (- (- (*** (***  (-  (***  (-  (- 0( 19 Less: Accumulated amortization (*68,953 (- (*159 (*** (- (- (*** (***  (-  (***  (-  (- 0( 20 Other assets.....................  (- (- (- (*** (- (- (*** (***  (-  (***  (-  (- 0( 21 Total liabilities.................. (*156,407 (-(*30,061 (*** (- (- (*** (***  (-  (***  (-  (- 0( 22 Accounts payable................. (*40,633 (-(*16,073 (*** (- (- (*** (***  (-  (***  (-  (- 0( 23 Mort, notes, and bonds under 1 yr (*76,305 (- (- (*** (- (- (*** (***  (-  (***  (-  (-  �l@!��@"��@#��@$��@%��@&��@'��@(��@)��@*��@+��@,��@-��@.��@/��@0��@1��@2��@3��@4��@5��@6��@7��@8��@9��@:��@;��@<��@=��@>��@?��@0 ( 24 Other current liabilities........  (*6,114 (- (*182 (*** (- (- (*** (*** (- (*** (- (-  0!( 25 Loans from shareholders.......... !(*22,303 !(-!(*20,411 !(*** !(- !(- !(*** !(*** ! (- ! (*** ! (- ! (-! !0"( 26 Mort, notes, bonds, 1 yr or more. "(*29,561 "(- "(- "(*** "(- "(- "(*** "(*** " (- " (*** " (- " (-" "0#( 27 Other liabilities................  #(- #(- #(- #(*** #(- #(- #(*** #(*** # (- # (*** # (- # (-# #0$( 28 Net worth........................ $(*-18,509 $(-$(*-6,605 $(*** $(- $(- $(*** $(*** $ (- $ (*** $ (- $ (-$ $0%( 29 Capital stock................... %(*12,347 %(- %(*123 %(*** %(- %(- %(*** %(*** % (- % (*** % (- % (-% %0&( 30 Additional paid-in capital...... &(*18,363 &(- &(- &(*** &(- &(- &(*** &(*** & (- & (*** & (- & (-& &0'( 31 Retained earnings-unappropriated '(*-49,218 '(-'(*-6,728 '(*** '(- '(- '(*** '(*** ' (- ' (*** ' (- ' (-' '0(( 32 Less: Cost of treasury stock...  ((- ((- ((- ((*** ((- ((- ((*** ((*** ( (- ( (*** ( (- ( (-( (0)( 33 Total receipts..................... )(*469,485 )(-)(*215,580 )(*** )(- )(- )(*** )(*** ) (- ) (*** ) (- ) (-) )0*( 34 Business receipts................ *(*463,535 *(-*(*215,580 *(*** *(- *(- *(*** *(*** * (- * (*** * (- * (-* *0+( 35 Interest on govt. obligations....  +(- +(- +(- +(*** +(- +(- +(*** +(*** + (- + (*** + (- + (-+ +0,( 36 Net gain, noncapital assets...... ,( ,(- ,(- ,(*** ,(- ,(- ,(*** ,(*** , (- , (*** , (- , (-, ,0-( 37 Other receipts................... -(*5,950 -(- -(- -(*** -(- -(- -(*** -(*** - (- - (*** - (- - (-- -0.( 38 Total deductions................... .(*472,857 .(-.(*215,980 .(*** .(- .(- .(*** .(*** . (- . (*** . (- . (-. .0/( 39 Cost of goods sold............... /(*320,685 /(-/(*126,786 /(*** /(- /(- /(*** /(*** / (- / (*** / (- / (-/ /00( 40 Compensation of officers......... 0(*31,936 0(-0(*28,005 0(*** 0(- 0(- 0(*** 0(*** 0 (- 0 (*** 0 (- 0 (-0 001( 41 Salaries and wages............... 1(*23,864 1(-1(*6,303 1(*** 1(- 1(- 1(*** 1(*** 1 (- 1 (*** 1 (- 1 (-1 102( 42 Repairs..........................  2(*316 2(- 2(*12 2(*** 2(- 2(- 2(*** 2(*** 2 (- 2 (*** 2 (- 2 (-2 203( 43 Bad debts........................ 3(*1,784 3(- 3(- 3(*** 3(- 3(- 3(*** 3(*** 3 (- 3 (*** 3 (- 3 (-3 304( 44 Rent paid on business property... 4(*4,695 4(-4(*2,415 4(*** 4(- 4(- 4(*** 4(*** 4 (- 4 (*** 4 (- 4 (-4 405( 45 Taxes paid....................... 5(*7,717 5(-5(*2,822 5(*** 5(- 5(- 5(*** 5(*** 5 (- 5 (*** 5 (- 5 (-5 506( 46 Interest paid.................... 6(*5,900 6(- 6(*552 6(*** 6(- 6(- 6(*** 6(*** 6 (- 6 (*** 6 (- 6 (-6 607( 47 Amortization..................... 7(*6,239 7(- 7(- 7(*** 7(- 7(- 7(*** 7(*** 7 (- 7 (*** 7 (- 7 (-7 708( 48 Depreciation..................... 8(*4,459 8(- 8(*632 8(*** 8(- 8(- 8(*** 8(*** 8 (- 8 (*** 8 (- 8 (-8 809( 49 Depletion........................  9(- 9(- 9(- 9(*** 9(- 9(- 9(*** 9(*** 9 (- 9 (*** 9 (- 9 (-9 90:( 50 Advertising...................... :(*3,320 :(- :(*494 :(*** :(- :(- :(*** :(*** : (- : (*** : (- : (-: :0;( 51 Pension, prof sh, stock, annuity. ~ ;(C@ ;(- ;(- ;(*** ;(- ;(- ;(*** ;(*** ; (- ; (*** ; (- ; (-; ;0<( 52 Employee benefit programs........ <(*3,632 <(- <(- <(*** <(- <(- <(*** <(*** < (- < (*** < (- < (-< <0=( 53 Net loss, noncapital assets......  =(- =(- =(- =(*** =(- =(- =(*** =(*** = (- = (*** = (- = (-= =0>( 54 Other deductions................. >(*58,273 >(->(*47,960 >(*** >(- >(- >(*** >(*** > (- > (*** > (- > (-> >0?( 55 Total receipts less total deducts.. ?(*-3,372 ?(- ?(*-400 ?(*** ?(- ?(- ?(*** ?(*** ? (- ? (*** ? (- ? (-? ?@�@A�G@B��@C��@D��@E�G@F��@G��@H��@I�G@J��@K��@L��@M��@N��@O��@P��@Q�G@R��@S��@T��@U�G@V��@W��@X��@Y��@Z��@[��0@( Total 1120S corporation net �@(� @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. A(*-2,762 A(- A(*-400 A(*** A(- A(- A(*** A(*** A (- A (*** A (- A (-A A0B( 57 1120S corporation net income..... B(*5,519 B(-B(*1,868 B(*** B(- B(- B(*** B(*** B (- B (*** B (- B (-B B0C( 58 1120S corporation deficit........ C(*8,282 C(-C(*2,268 C(*** C(- C(- C(*** C(*** C (- C (*** C (- C (-C C0D( Net income (less deficit) from �D(� D(D(D(D(D(D(D(D (D (D (D (D D0E( 59 a trade or business............... E(*-3,372 E(- E(*-400 E(*** E(- E(- E(*** E(*** E (- E (*** E (- E (-E E0F( 60 Net income....................... F(*4,910 F(-F(*1,868 F(*** F(- F(- F(*** F(*** F (- F (*** F (- F (-F F0G( 61 Deficit.......................... G(*8,282 G(-G(*2,268 G(*** G(- G(- G(*** G(*** G (- G (*** G (- G (-G G0H( Portfolio income (less deficit) �H(� H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I(ƒ@ I(- I(- I(*** I(- I(- I(*** I(*** I (- I (*** I (- I (-I I0J( 63 Dividend income.................. ~ J(@ J(- J(- J(*** J(- J(- J(*** J(*** J (- J (*** J (- J (-J J0K( 64 Interest income.................. ~ K(ƒ@ K(- K(- K(*** K(- K(- K(*** K(*** K (- K (*** K (- K (-K K0L( 65 Royalty income (less loss).......  L(- L(- L(- L(*** L(- L(- L(*** L(*** L (- L (*** L (- L (-L L0M( 66 Net S-T capital gain (less loss).  M(- M(- M(- M(*** M(- M(- M(*** M(*** M (- M (*** M (- M (-M M0N( 67 Net L-T capital gain (less loss).  N(- N(- N(- N(*** N(- N(- N(*** N(*** N (- N (*** N (- N (-N N0O( 68 Other portfolio income (net).....  O(- O(- O(- O(*** O(- O(- O(*** O(*** O (- O (*** O (- O (-O O0P( Real estate rental net income �P(� P(P(P(P(P(P(P(P (P (P (P (P P0Q( 69 (less deficit).................  Q(- Q(- Q(- Q(*** Q(- Q(- Q(*** Q(*** Q (- Q (*** Q (- Q (-Q Q0R( 70 Net income.......................  R(- R(- R(- R(*** R(- R(- R(*** R(*** R (- R (*** R (- R (-R R0S( 71 Deficit..........................  S(- S(- S(- S(*** S(- S(- S(*** S(*** S (- S (*** S (- S (-S S0T( Net income (less deficit) from �T(� T(T(T(T(T(T(T(T (T (T (T (T T0U( 72 other rental activity..........  U(- U(- U(- U(*** U(- U(- U(*** U(*** U (- U (*** U (- U (-U U0V( 73 Net income.......................  V(- V(- V(- V(*** V(- V(- V(*** V(*** V (- V (*** V (- V (-V V0W( 74 Deficit..........................  W(- W(- W(- W(*** W(- W(- W(*** W(*** W (- W (*** W (- W (-W W0X( 75 Total income tax before credits....  X(- X(- X(- X(*** X(- X(- X(*** X(*** X (- X (*** X (- X (-X X0Y( 76 Built-in gains tax...............  Y(- Y(- Y(- Y(*** Y(- Y(- Y(*** Y(*** Y (- Y (*** Y (- Y (-Y Y0Z$( 77 Excess net passive income tax....  Z)- Z)- Z)- Z)*** Z)- Z)- Z)*** Z)*** Z )- Z )*** Z )- Z )-Z Zg[3_Source: IRS, 2003 Corporation Source Book of Statistics of Income. Publication 1053. May 2006.[[[[[[[[[ [ [ [ [ [= �ßMC5> ��" ������������������������������