\pjnwill00 f\l0 *LB  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 --   - . .0Educational services/g_Balance Sheet, Income Statement, and Selected Items, by Minor Industry, by Size of Total Assets   - . .0*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 61" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &@~ &@~  &j@~  &j@~  &j@  'more 0 ( 1 Number of returns.................. ~ 4@~ 4@~ 4@ (*2,628 (*1,778 (*** (*** (*37~ (?@~ ("@~ (@ (-  0 ( 2 Total assets....................... ~ 49 (-~ 4@QA (*459,363 (*649,583 (*** (*** (*213,548~ 4A~ 4A~ 4!A (-  0 ( 3 Cash............................. ~ 4-A (-~ 4@P@ (*94,016 (*60,923 (*** (*** (*24,346~ 4 @~ 4\@~ 4@@ (-  0 ( 4 Notes and accounts receivable.... ~ 4/A (- (*9,721 (*4,210 (*130,675 (*** (*** (*70,817~ 4@ @~ 4 @~ 4(A (-  0 ( 5 Less: Allowance for bad debts. ~ 4@ (- (- (- (- (*** (***~ (p|@~ 4@~ 4d@~ 4@ (-  0( 6 Inventories...................... ~ 4i@ (-(*29,984(*1,003 (*281 (*** (***(*2,633~  4¹@~  42@~  4@  (- 0( 7 U.S. govt. obligations, total.... ~ (pu@ (- (- (- (- (*** (*** (-~  (pu@  (-  (-  (- 0( 8 Tax-exempt securities............ ~ 4@ (- (- (- (- (*** (*** (-~  4@  (-  (-  (- 0( 9 Other current assets............. ~ 4PA (-(*29,221(*118,173(*94,511 (*** (***(*6,242~  4@~  4@~  4@  (- 0( 10 Loans to shareholders............ ~ 4SA (-(*14,595(*3,379(*76,578 (*** (***(*9,619~  4ʬ@~  4:@~  4]@  (- 0( 11 Mortgage and real estate loans... (*19,358 (- (- (-(*11,311 (*** (*** (-~  (N@~  43@  (-  (- 0( 12 Other investments................ ~ 4 A (-(*6,990(*5,610 (- (*** (***~ 4@~  4@~  4@~  4@  (- 0( 13 Depreciable assets............... ~ 4 (-~ 4A(*279,678(*409,376 (*** (***(*202,690~  4z A~  4gA~  4pm@  (- 0( 14 Less: Accumulated depreciation ~ 4\j4A (-~ 4`A(*155,470(*198,034 (*** (***(*123,209~  4o@~  4@~  4 @  (- 0( 15 Depletable assets................ (*3,558 (- (- (- (- (*** (*** (-  (-  (-  (-  (- 0( 16 Less: Accumulated depletion... (*3,316 (- (- (- (- (*** (*** (-  (-  (-  (-  (- 0( 17 Land............................. ~ 4A (- (-(*43,581(*37,658 (*** (***(*8,525~  4*@~  4@~  (@s@  (- 0( 18 Intangible assets (Amortizable).. ~ 4=A (-~ 4w@(*1,020(*49,045 (*** (***(*3,548~  4@~  4@~  4I@  (- 0( 19 Less: Accumulated amortization ~ 4@ (-~ 4@ (*817(*23,251 (*** (*** (*472~  4~@~  (`i@~  4p@  (- 0( 20 Other assets..................... ~ 40x@ (-(*24,916(*64,980 (*508 (*** (***(*2,726~  4y@~  4d@~  4Y@  (- 0( 21 Total liabilities.................. ~ 49 (-~ 4@QA(*459,363(*649,583 (*** (***(*213,548~  4A~  4A~  4!A  (- 0( 22 Accounts payable................. ~ 4KA (-(*25,493(*26,906(*23,647 (*** (***(*27,018~  4@~  4@~  4@@  (- 0( 23 Mort, notes, and bonds under 1 yr ~ 4A (-(*33,114(*75,890(*13,471 (*** (***(*10,132~  4u@~  4@~  4@  (-  l@!@"@#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@0 ( 24 Other current liabilities........ ~ 4*A (-~ 4pzA (*50,982 (*176,875 (*** (*** (*53,034~ 4@~ 4@~ 4p @ (-  0!( 25 Loans from shareholders.......... ~ !4L$%A !(-~ !4jA!(*60,108!(*278,668 !(*** !(*** !(-~ ! 4j@~ ! 4p@~ ! (z@ ! (-! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "43$A "(-"(*88,739"(*77,866"(*165,552 "(*** "(***"(*155,326~ " 4$@~ " 4@~ " 4@ " (-" "0#( 27 Other liabilities................ ~ #4HuA #(-#(*16,984#(*2,930#(*95,035 #(*** #(*** #(*405~ # 4@~ # 4*@~ # 4@ # (-# #0$( 28 Net worth........................ ~ $4=/A $(-~ $4$(*164,682$( *-103,665 $(*** $(***$(*-32,368~ $ 4hAA~ $ 40 A~ $ 4@ $ (-$ $0%( 29 Capital stock................... ~ %4@ %(-~ %46@%(*6,331%(*10,989 %(*** %(*** %(*323~ % 4|@~ % (@~ % (v@ % (-% %0&( 30 Additional paid-in capital...... ~ &4% &(-&(*254,041&(*6,495&(*210,240 &(*** &(***~ &(@~ & 4@@~ & 4<@~ & 4/@ & (-& &0'( 31 Retained earnings-unappropriated ~ '4l6A '(-~ '4F'(*151,856'( *-322,814 '(*** '(***'(*-33,674~ ' 4XA~ ' 4k@~ ' 4@@ ' (-' '0(( 32 Less: Cost of treasury stock... ~ (4@ ((- ((- ((-((*2,080 ((*** ((*** ((-~ ( 4@~ ( 47@~ ( 4@ ( (-( (0)( 33 Total receipts..................... ~ )4~ )4$$A~ )4V\)( *1,639,065)( *1,226,521 )(*** )(***)(*419,564~ ) 4h)A~ ) 4A~ ) 4+ ) (-) )0*( 34 Business receipts................ ~ *4hm~ *4l$A~ *47A*( *1,208,933*( *1,204,198 *(*** *(****(*413,651~ * 4<)A~ * 4>A~ * 4* * (-* *0+( 35 Interest on govt. obligations.... ~ +4|@ +(- +(- +(- +(- +(*** +(*** +(-~ + (v@~ + (m@~ + (<@ + (-+ +0,( 36 Net gain, noncapital assets...... ~ ,4@ ,(- ,(-,(*15,699,(*16,140 ,(*** ,(*** ,(*964~ , (p@~ , (@ , (- , (-, ,0-( 37 Other receipts................... ~ -4PSA-(*3,392 -(*758-(*414,433-(*6,184 -(*** -(***-(*4,949~ - 4@~ - 4@~ - 4@ - (-- -0.( 38 Total deductions................... ~ .4Ji~ .4p6%A~ .4&[.( *1,577,199.( *1,211,814 .(*** .(***.(*389,695~ . 4&A~ . 48OA~ . 4v8' . (-. .0/( 39 Cost of goods sold............... ~ /4/(*12,975~ /4XA/(*168,620/(*206,383 /(*** /(***/(*190,132~ / 4~A~ / 4y@~ / 4^A / (-/ /00( 40 Compensation of officers......... ~ 04Q(A0(*46,923~ 04 A0(*262,0930(*19,682 0(*** 0(***0(*11,284~ 0 4@y@~ 0 4@~ 0 4@ 0 (-0 001( 41 Salaries and wages............... ~ 141(*141,784~ 14nA1(*542,7801(*483,006 1(*** 1(***1(*82,945~ 1 40A~ 1 4pA~ 1 4@@ 1 (-1 102( 42 Repairs.......................... ~ 24M@2(*6,981~ 24@2(*4,8672(*62,165 2(*** 2(***~ 2(w@~ 2 4=@~ 2 4ҹ@~ 2 ( @ 2 (-2 203( 43 Bad debts........................ ~ 34@@ 3(- 3(*243(*1,2643(*3,014 3(*** 3(***~ 3(@~ 3 4@~ 3 4@~ 3 4@ 3 (-3 304( 44 Rent paid on business property... ~ 44R$A4(*92,400~ 44hA4(*78,9524(*65,138 4(*** 4(***4(*12,357~ 4 46@~ 4 4@~ 4 4@ 4 (-4 405( 45 Taxes paid....................... ~ 54A~ 54m@~ 54@@5(*72,1285(*42,993 5(*** 5(***5(*12,744~ 5 4|@~ 5 4@~ 5 4Ⱥ@ 5 (-5 506( 46 Interest paid.................... ~ 64.@6(*4,4906(*11,1786(*20,9266(*15,873 6(*** 6(***6(*5,475~ 6 4@~ 6 4 @~ 6 4x@ 6 (-6 607( 47 Amortization..................... ~ 74b@7(*1,0317(*3,528 7(*2667(*2,189 7(*** 7(*** 7(*319~ 7 4:@~ 7 (]@~ 7 4@ 7 (-7 708( 48 Depreciation..................... ~ 84G A8(*15,416~ 84@/@8(*28,0248(*46,221 8(*** 8(***8(*8,672~ 8 4@@~ 8 4@~ 8 4@ 8 (-8 809( 49 Depletion........................  9(- 9(- 9(- 9(- 9(- 9(*** 9(*** 9(- 9 (- 9 (- 9 (- 9 (-9 90:( 50 Advertising...................... ~ :4A:(*61,088~ :4@@:(*24,853:(*23,202 :(*** :(***:(*2,937~ : 4@r@~ : 4(@~ : 4@`@ : (-: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4:@ ;(-;(*93,524;(*11,094 ;(*752 ;(*** ;(***;(*2,901~ ; 4@~ ; 4@~ ; 4@ ; (-; ;0<( 52 Employee benefit programs........ ~ <4hTA<(*11,557<(*4,715<(*50,436<(*39,374 <(*** <(***<(*9,290~ < 4@~ < 4@~ < 4@ < (-< <0=( 53 Net loss, noncapital assets...... =(*3,749 =(-=(*2,101 =(- =(- =(*** =(*** =(-~ = (X@~ = 4d@~ = (,@ = (-= =0>( 54 Other deductions................. ~ >4. ~ >4@ A~ >4$ A>(*310,895>(*201,820 >(*** >(***>(*49,535~ > 4A~ > 4=@~ > 4 |@ > (-> >0?( 55 Total receipts less total deducts.. ~ ?4F$~ ?4~ ?4@@?(*61,865?(*14,707 ?(*** ?(***?(*29,870~ ? 45@~ ? 4`3@~ ? 4"@ ? (-? ?@@AG@B@C@D@EG@F@G@H@IG@J@K@L@M@N@O@P@QG@R@S@T@UG@V@W@X@Y@Z@[0@( Total 1120S corporation net @( @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4V )~ A4G~ A4@n@A(*64,905A(*15,499 A(*** A(***A(*43,312~ A 4O@~ A 4@L@~ A 4@ A (-A A0B( 57 1120S corporation net income..... ~ B4-AB(*10,090~ B4@B(*108,703B(*50,521 B(*** B(***B(*46,779~ B 4@@~ B 4 @~ B 4@ B (-B B0C( 58 1120S corporation deficit........ ~ C4AC(*31,881~ C4@C(*43,798C(*35,023 C(*** C(***~ C4@~ C 4J@~ C (@ C (- C (-C C0D( Net income (less deficit) from D( D(D(D(D(D(D(D(D (D (D (D (D D0E( 59 a trade or business............... ~ E4N$~ E4~ E4@@E(*61,865E(*14,707 E(*** E(***E(*29,870~ E 4@~ E 4@~ E 4@ E (-E E0F( 60 Net income....................... ~ F4(+AF(*10,090~ F4@F(*106,048F(*50,231 F(*** F(***F(*39,880~ F 4 @~ F 4@q@~ F 4@ F (-F F0G( 61 Deficit.......................... ~ G4AG(*32,528~ G4@G(*44,183G(*35,524 G(*** G(***G(*10,010~ G 4@~ 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:..... ~ I4z@~ I(8@~ I4@I(*3,039 I(*791 I(*** I(***I(*13,794~ I 4@~ I 4@~ I 4Ҭ@ I (-I I0J( 63 Dividend income.................. ~ J4X@ J(- J(- J(- J(- J(*** J(*** J(*127~ J (x@~ J (?@~ J (@ J (-J J0K( 64 Interest income.................. ~ K4)@~ K(V@~ K4@K(*3,039 K(*656 K(*** K(***K(*4,462~ K 4$@~ K 4\@~ K 4$@ K (-K K0L( 65 Royalty income (less loss)....... ~ L4@~ L(x@ L(- L(- L(- L(*** L(***~ L(?~ L (W@ L (-~ L 4@ L (-L L0M( 66 Net S-T capital gain (less loss).  M(*356 M(- M(- M(- M(*136 M(*** M(*** M(-~ M (X~ M (@ M (- M (-M M0N( 67 Net L-T capital gain (less loss). ~ N4@ N(- N(- N(- N(- N(*** N(***N(*9,205~ N (~ N (@~ N (D 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)................. ~ Q4@ Q(- Q(- Q(- Q(- Q(*** Q(*** Q(*-352~ Q (x@~ Q (@~ Q (@ Q (-Q Q0R( 70 Net income....................... ~ R4@ R(- R(- R(- R(- R(*** R(*** R(-~ R (@~ R (@~ R (@ R (-R R0S( 71 Deficit..........................  S(*354 S(- S(- S(- S(- S(*** S(*** S(*352~ 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(J@ U(- U(- U(- U(- U(*** U(*** U(-~ U (B@ U (-~ U (.@ U (-U U0V( 73 Net income....................... ~ V(J@ V(- V(- V(- V(- V(*** V(*** V(-~ V (B@ 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(*366 X(*366 X(- X(- X(- X(*** X(*** X(- X (- X (- X (- X (-X X0Y( 76 Built-in gains tax...............  Y(*366 Y(*366 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.[[[[[[[[[ [ [ [ [ [= MC5> "