\pgldobl00 f\l0 ^)IB  dMbP?_"*+%1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1' Courier Newrier New 0d<1 Arial1 Arial1 xArial&?'?(?)?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 &XAC #0C  HAC #XAC #xAC #xAC  hAC &xAC &xAC "AC "AC "AC "AC "AC  hAC "AC "AC "AC #xAC #xAC #XAC #xAC &XAC #XAC #xAC #XAC !XAC !xAC !xAC  HAC #|AU} (}  }  \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 --   - . ./0'Professional, scientific, and technical/g_Balance Sheet, Income Statement, and Selected Items, by Minor Industry, by Size of Total Assets   - . .0services*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@~  @@~  @@~  @~  @~  j@~  j@~  !j@ SECTOR CODE 54" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &@~ &@~  &j@~  &j@~  &j@  'more 0 ( 1 Number of returns.................. ~ 4MA~ 4@~ 4$A~ 4 @~ 4@~ 4@~ 4@~ 4@~ (@~ (@_@~ (F@~ (@@  0 ( 2 Total assets....................... ~ 42 (-~ 4~ 4{~ 4~ 4ڀ~ 4ƨ$~ 4~ 4zP~ 4L~ 4~ 4  0 ( 3 Cash............................. ~ 4| (-~ 4f߶~ 4~ 4:y~ 4~ 4~ 49A~ 46/R~ 4N(~ 4twA~ 4n)A  0 ( 4 Notes and accounts receivable.... ~ 47 (-~ 4#A~ 44*A~ 4Q.~ 43A~ 4v~ 4j|~ 4~ 4dR~ 4W.~ 4̡@A  0 ( 5 Less: Allowance for bad debts. ~ 4(% A (- (*3,160 (*1,564 (*4,399~ (W@~ 4@~ 4@@~ 4@~ 4@~ 4,@~ 4@  0( 6 Inventories...................... ~ 4z_u (-~ 4ؘA~ 4 A~ 4yA~ 4JA~ 4 |A~ 4XA~  4M A~  4P @~  4K@~  4A 0( 7 U.S. govt. obligations, total.... ~ 4ذ A (- (- (-~ (`l@~ (P@(*110,008 (-~  4+@~  4`@  (-~  4>@ 0( 8 Tax-exempt securities............ ~ 4)A (- (- (-(*17,546~ ($@(*44,556(*15,253~  4@~  4@~  4d@~  4@@ 0( 9 Other current assets............. ~ 4 (-~ 4(A~ 4#1~ 4#~ 4@'A~ 4FS~ 4+-A~  4'A~  4L-A~  4P A~  4+ 0( 10 Loans to shareholders............ ~ 4Z (-~ 4d'A~ 4$A~ 4eA~ 4%A~ 4F+~ 4`@~  4h3A~  4@@~  4@~  4@ 0( 11 Mortgage and real estate loans... ~ 4@ (- (-(*3,374 (*421~ (^@(*33,803(*10,472~  4 @~  4@  (-~  4@ 0( 12 Other investments................ ~ 4fBQ (-~ 4eA~ 4A~ 4A~ 4F3~ 4^C~ 4A~  4*H~  4D(A~  4 ~  4u 0( 13 Depreciable assets............... ~ 4I!  (-~ 4.~ 4Fp~ 4R~ 4&~ 4`~ 4>@{~  4~/~  4:S@~  4h.A~  4W8A 0( 14 Less: Accumulated depreciation ~ 4  (-~ 4~ 4~ 46~ 4*~ 4Q~ 43A~  4R~  4LA~  4,A~  4>5 0( 15 Depletable assets................ ~ 4@ (-(*28,068 (- (- (*62~ (2@ (-~  (o@~  (b@  (-  (- 0( 16 Less: Accumulated depletion... (*5,115 (-(*4,959 (- (- (*24~ (2@ (-~  ("@~  (Z@  (-  (- 0( 17 Land............................. ~ 4f) (-(*17,859(*73,943(*78,996~ 4@@~ 4A~ 4 @~  4 @~  4 @@~  4]@~  4@ 0( 18 Intangible assets (Amortizable).. ~ 4 (-~ 4BA~ 4@A~ 4A~ 4dA~ 4ִ!~ 4A~  4A~  4A~  4HCA~  4 A 0( 19 Less: Accumulated amortization ~ 4`3A (-~ 4aA~ 4 UA~ 4A~ 4@@~ 4BA~ 4@~  40G@~  4@~  4@~  4PA 0( 20 Other assets..................... ~ 4$KA (-~ 4`@~ 4A~ 40K@~ 4X@~ 4*~ 4ؒA~  4A~  48A~  4`A~  4ޖc 0( 21 Total liabilities.................. ~ 42 (-~ 4~ 4{~ 4~ 4ڀ~ 4ƨ$~ 4~  4zP~  4L~  4~  4 0( 22 Accounts payable................. ~ 4J (-~ 4U!~ 4ȽA~ 40#A~ 4/~ 48>A~ 49~  4nI~  4Θ ~  4lA~  4,A 0( 23 Mort, notes, and bonds under 1 yr ~ 4 (-~ 4-(A~ 4D #A~ 4<~ 4&A~ 4+o~ 4X+A~  4%A~  4P/A~  4A~  4lAA  l@!@"@#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@0 ( 24 Other current liabilities........ ~ 4! (-~ 4:Z~ 4zm@~ 4a~ 4K~ 4j1~ 47d~ 4joY~ 4+,~ 4DA~ 4.P<  0!( 25 Loans from shareholders.......... ~ !4n !(-~ !4~~ !43A~ !43G~ !4Zml~ !4vC{~ !4$A~ ! 4A~ ! 4A~ ! 4`@~ ! 4@! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "467 "(-~ "4R~ "4F~ "4\~ "4J~ "4~ "4; A~ " 4F>~ " 4ܘ$A~ " 4oA~ " 4Z=`" "0#( 27 Other liabilities................ ~ #4r# #(-~ #4PA~ #4BA~ #4xA~ #4dA~ #40~ #4\ A~ # 4A~ # 4X4A~ # 48A~ # 4n\# #0$( 28 Net worth........................ ~ $4u $(-~ $4~ $4 l~ $4@~ $4j"Y~ $4*+n~ $4On~ $ 41~ $ 48A~ $ 4R~ $ 4LjIA$ $0%( 29 Capital stock................... ~ %4v %(-~ %4-A~ %4A~ %4A~ %4~ &44%A~ &4E~ &4~^|~ &4p['A~ & 4(A~ & 4|#A~ & 4*A~ & 4y& &0'( 31 Retained earnings-unappropriated ~ '4N '(-~ '4f~ '4^~ '4A~ '4p@~ '4LA~ '4(&A~ ' 4^lg~ ' 4l0A~ ' 4h$A~ ' 4~O' '0(( 32 Less: Cost of treasury stock... ~ (4)c ((-~ (4p@((*97,512~ (4`A~ (4@~ (40A~ (4 @~ ( 4&A~ ( 4 A~ ( 4@~ ( 40@( (0)( 33 Total receipts..................... ~ )42H>~ )4~ )4zL~ )4^Ӈ~ )4fI~ )4P~ )4 ~ )4l~ ) 4~ ) 4 ~ ) 4Α~ ) 4b) )0*( 34 Business receipts................ ~ *4:=~ *4z~ *4~ *4;`~ *4B~ *4v((~ *4Y ~ *4zix~ * 4\lA~ * 4V=~ * 4~ * 4G* *0+( 35 Interest on govt. obligations.... ~ +4\@+(+(*5,230 +(*788~ +4@~ +4@~ +4/@~ +4@~ + 42@~ + 4f@~ + 4d@~ + 4Ƥ@+ +0,( 36 Net gain, noncapital assets...... ~ ,4p]A~ ,4^@~ ,4}@,(*4,793 ,(*927~ ,4s@~ ,4.@~ ,4@~ , 4@~ , 4@~ , 4ȼ@~ , (@, ,0-( 37 Other receipts................... ~ -4TA~ -4Ź~ -4P~ -4N@'~ -4A~ -4h$A~ -4(A~ -42~ - 4\@~ - 4`$@~ - 4@~ - 4xA- -0.( 38 Total deductions................... ~ .49~ .4pVA~ .4: ~ .4~~ .43~ .42~ .4&P ~ .4b~ . 4Jc~ . 4~ . 4 l~ . 4~. .0/( 39 Cost of goods sold............... ~ /4:Sf~ /4*~ /4"Ų~ /4o~ /4y~ /42~ /4zn~ /4P8~ / 4l~ / 4~ / 4}~ / 4>V/ /00( 40 Compensation of officers......... ~ 04n~ 04;?~ 04Ή~ 0496~ 04>~ 04~ 04=~ 04T~ 0 4v!~ 0 4=A~ 0 4@@~ 0 4nA0 001( 41 Salaries and wages............... ~ 14 ~ 14ڔK~ 145~ 14~ 14T~ 14ޚo~ 14N~ 14F~ 1 4β~ 1 40J~ 1 4h%A~ 1 4jg1 102( 42 Repairs.......................... ~ 24'L~ 24)@~ 24 A~ 24A~ 24A~ 24@~ 24p A~ 24@~ 2 4 @~ 2 4@~ 2 4@~ 2 4@2 203( 43 Bad debts........................ ~ 34"~ 34@~ 34@~ 34T@~ 34@~ 34@~ 347A~ 34@@~ 3 4@~ 3 4@~ 3 4^@~ 3 4@@3 304( 44 Rent paid on business property... ~ 44F2?~ 44DA~ 44~ 44uY~ 44`45A~ 440~ 44%4A~ 448A~ 4 4PA~ 4 4`A~ 4 4Q@~ 4 4(A4 405( 45 Taxes paid....................... ~ 54&~ 54x A~ 54@ 9 (- 9 (-9 90:( 50 Advertising...................... ~ :4`]DA~ :4A~ :4ƀ)~ :4A~ :4lA~ :4tA~ :4xA~ :4 <@~ : 4@~ : 4``@~ : 4@~ : 4 @: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4~ ;4@~ ;4ƻ4~ ;4DA~ ;48A~ ;4A~ ;4A~ ;4`@~ ; 4h2A~ ; 4@~ ; 4%@~ ; 4@; ;0<( 52 Employee benefit programs........ ~ <4v~ <4z@~ <4~#~ <4A~ <4P A~ <4<2A~ <4!A~ <40A~ < 48! A~ < 4uA~ < 4@~ < 4@< <0=( 53 Net loss, noncapital assets...... ~ =4K@=(*6,448 =(*54=(*1,488 =(*837 =(*573~ =4@~ =4D@~ = 4T@~ = 4q@~ = 44@~ = 4@= =0>( 54 Other deductions................. ~ >4) ~ >4,=A~ >4~ >4~ >4T~ >46@~ >4>3V~ >4ڏx~ > 4tp~ > 4x$A~ > 4d_A~ > 4|> >0?( 55 Total receipts less total deducts.. ~ ?4zPH~ ?4&~ ?4N~ ?4|OA~ ?4,~ ?4jl~ ?48.FA~ ?4H~ ? 4c(A~ ? 4xA~ ? 4KA~ ? 4A? ?@@AG@B@C@D@EG@F@G@H@IG@J@K@L@M@N@O@P@QG@R@S@T@UG@V@W@X@Y@Z@[0@( Total 1120S corporation net @( @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4"K~ A4樂~ A4:~ A4PA~ A4vv~ A4ft~ A4\~ A4!U~ A 4f>~ A 4&~ A 4dkA~ A 4lAA A0B( 57 1120S corporation net income..... ~ B4^N~ B4n~ B4r~ B4~ B4$~ B4.A~ B4g ~ B4b~ B 4K~ B 4>.~ B 4|A~ B 4\[#AB B0C( 58 1120S corporation deficit........ ~ C4>M~ C4A~ C4:S~ C4dA~ C4V A~ C4d%A~ C4 B~ C4 A~ C 4@ A~ C 4@@~ C 4`@~ C 4ГAC 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............... ~ E4$F~ E4&~ E4-~ E4/~ E4 ~ E4jl~ E4N~ E4@12A~ E 4@(A~ E 4A~ E 4 A~ E 4TAE E0F( 60 Net income....................... ~ F4n~ F4ZkL~ F4~ F4@~ F49~ F4.e~ F4E~ F4{W~ F 46?~ F 4Ʋ'~ F 49A~ F 4pAF F0G( 61 Deficit.......................... ~ G4vn`~ G4N%~ G4r5A~ G4DA~ G48!A~ G4d%A~ G4E~ G4hm A~ G 4 A~ G 4p@~ G 4`@~ G 4`@G G0H( Portfolio income (less deficit) H( H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4r ~ I4:Z~ I4d@~ I4@2@~ I4@~ I4P#@~ I4gA~ I4pM A~ I 48D A~ I 4@~ I 4@A~ I 4 1@I I0J( 63 Dividend income.................. ~ J4pA@~ J4@~ J4ؘ@~ J4<@~ J4@~ J4@~ J4'@~ J4@~ J 4@~ J 4@@~ J 4n@~ J 4@J J0K( 64 Interest income.................. ~ K4n$A~ K4`p@~ K4@~ K4@~ K4@~ K4@~ K4HkA~ K4`[@~ K 40;@~ K 49@~ K 4&@~ K 4P@K K0L( 65 Royalty income (less loss)....... ~ L4@L(*8,341 L(*87 L(-L( L(*1L(*1,492~ L(q@~ L (@Z@~ L 4"@~ L (~@~ L (@|@L L0M( 66 Net S-T capital gain (less loss). ~ M4@ M(*21~ M(M(*-4,653M(*-3,734~ M4@@~ M4~ M4@&@~ M 4~ M 4@~ M (@~ M 4@M M0N( 67 Net L-T capital gain (less loss). ~ N4rЁ~ N4V~ N4@@N(*-8,230~ N4~ N4@"@~ N4 A~ N4@~ N 4A~ N 4"@~ N 4@~ N 4ʤN N0O( 68 Other portfolio income (net)..... ~ O4@ O(*-83O(*3,615 O(- O(*97 O(*-541 O(*165 O(*~ O (Z@~ O (@[@~ O (s@~ O 4@O O0P( Real estate rental net income P( P(P(P(P(P(P(P(P (P (P (P (P P0Q( 69 (less deficit)................. ~ Q4L@ Q(*147Q(*25,824Q(*-11,468~ Q4@3@~ Q4@H@~ Q(T~ Q4 @~ Q 4e@~ Q 4@~ Q (@q~ Q 4@Q Q0R( 70 Net income....................... ~ R4 A R(*205R(*34,837R(*5,954R(*34,006R(*21,728~ R4N@~ R4@~ R 4@~ R 4j@~ R (|@~ R 4!@R R0S( 71 Deficit.......................... ~ S4`@ S(*57S(*9,013S(*17,422S(*10,249S(*3,007~ S4w@ S(*929~ S 4¬@~ S (@[@~ S (@~ S (u@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.......... ~ U4X@U(*27,264 U(*1U(*40,375 U(-~ U(D@U(*3,434U(*-35,524~ U 4@@~ U 4~ U (`t@~ U 4U U0V( 73 Net income....................... ~ V4@V(*27,264 V(*1V(*40,375 V(-~ V(D@V(*3,565~ V(@~ V 4@~ V 4@~ V 4@~ V 4T@V V0W( 74 Deficit.......................... ~ W4@ W(- W(- W(- W(- W(-~ W(`@W(*35,528~ W 4f@~ W 4@~ W ( @~ W 4@W W0X( 75 Total income tax before credits.... ~ X4`Y@~ X4 @X(*3,176 X(-~ X(.@X(*6,104X(*3,966 X(*717~ X 4@~ X 48@~ X (0@~ X 4@X X0Y( 76 Built-in gains tax............... ~ Y4\@~ Y4 @ Y(- Y(-~ Y(.@Y(*6,104Y(*3,889 Y(*717~ Y 4@~ Y 4(@~ Y (0@~ Y 4@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.[[[[[[[[[ [ [ [ [ [= MC5> "