\pgldobl00 fYl0 "*LB  dMbP?_"*+%1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1' Courier Newrier New 08d<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} (}  }  Yl@@ @@ @@@@ @ @ @ @ @@@@@@@@@@@@@@@@@@@60.S Corporations - Returns With Total 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@ (*2,928~ 4 @ (*1,817 (*1,151 (*278 (*** (***~ (<@ (***~ (@ (-  0 ( 2 Total assets....................... ~ 4* (-~ 4X> A (*302,840 (*423,665 (*211,029 (*** (***~ 4p^A (***~ 4!A (-  0 ( 3 Cash............................. ~ 4_1 (-~ 4@ (*34,280 (*10,881 (*45,882 (*** (***~ 4@ (***~ 4@@ (-  0 ( 4 Notes and accounts receivable.... ~ 4 8 (- (*1,302~ (E@ (*79,329 (*45,760 (*** (***~ 4;@ (***~ 4(A (-  0 ( 5 Less: Allowance for bad debts. ~ 4@ (- (- (- (- (*3,180 (*** (***~ 4@ (***~ 4@ (-  0( 6 Inventories...................... ~ 4@ (-(*24,459(*1,003 (*281 (- (*** (***~  4@  (***~  4@  (- 0( 7 U.S. govt. obligations, total.... ~ (pu@ (- (- (- (- (- (*** (***~  (pu@  (***  (-  (- 0( 8 Tax-exempt securities............  (- (- (- (- (- (- (*** (***  (-  (***  (-  (- 0( 9 Other current assets............. ~ 4dA (-(*3,675(*110,626(*94,511(*8,518 (*** (***~  4`Y@  (***~  4@  (- 0( 10 Loans to shareholders............ ~ 4`;A (-(*13,820(*3,379(*76,578(*6,488 (*** (***~  4ʬ@  (***~  4]@  (- 0( 11 Mortgage and real estate loans... ~ 4o@ (- (- (- (- (- (*** (***~  (N@  (***  (-  (- 0( 12 Other investments................ ~ 4pA (-(*6,990(*5,610 (-~ (*@ (*** (***~  4@  (***~  4@  (- 0( 13 Depreciable assets............... ~ 4>:A (-~ 4A(*114,147(*234,694(*93,264 (*** (***~  4(A  (***~  4pm@  (- 0( 14 Less: Accumulated depreciation ~ 4= (-~ 4A(*74,270(*130,055(*14,682 (*** (***~  4@  (***~  4 @  (- 0( 15 Depletable assets................ (*3,256 (- (- (- (-(*3,256 (*** (***  (-  (***  (-  (- 0( 16 Less: Accumulated depletion... (*3,077 (- (- (- (-(*3,077 (*** (***  (-  (***  (-  (- 0( 17 Land............................. ~ 4о@ (- (-(*43,581(*31,382(*19,249 (*** (***~  4*@  (***~  (@s@  (- 0( 18 Intangible assets (Amortizable).. ~ 4w@ (-(*1,166 (*614(*47,916(*9,915 (*** (***~  4?@  (***~  4I@  (- 0( 19 Less: Accumulated amortization ~ 4@@ (-(*1,166 (*614(*22,643(*2,229 (*** (***~  4@  (***~  4p@  (- 0( 20 Other assets..................... ~ 4=@ (-(*12,222(*64,439 (*792(*1,851 (*** (***~  4@  (***~  4Y@  (- 0( 21 Total liabilities.................. ~ 4* (-~ 4X> A(*302,840(*423,665(*211,029 (*** (***~  4p^A  (***~  4!A  (- 0( 22 Accounts payable................. ~ 4P A (- (*215(*1,298(*17,740 (*774 (*** (***~  4@  (***~  4@@  (- 0( 23 Mort, notes, and bonds under 1 yr ~ 4 A (-(*22,911(*4,571(*7,591(*5,676 (*** (***~  4@\@  (***~  4@  (-  l@!@"@#@$@%@&@'@(@)@* @+ @,@-@.@/ @0 @1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@0 ( 24 Other current liabilities........ ~ 4/ (- (*28,136 (*4,854 (*62,319 (*43,012 (*** (***~ 4@ (***~ 4p @ (-  0!( 25 Loans from shareholders.......... ~ !4 A !(-!(*93,479!(*60,108!(*36,768 !(- !(*** !(***~ ! 4@ ! (***~ ! (z@ ! (-! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4f! "(-"(*11,765"(*39,299"(*165,552"(*60,276 "(*** "(***~ " 4@@ " (***~ " 4@ " (-" "0#( 27 Other liabilities................ ~ #4A #(-#(*4,390#(*2,930#(*90,192#(*6,546 #(*** #(***~ # 4@ # (***~ # 4@ # (-# #0$( 28 Net worth........................ ~ $4Ԅ5A $(-~ $4`i@$(*189,780$(*43,503$(*94,744 $(*** $(***~ $ 4X]A $ (***~ $ 4@ $ (-$ $0%( 29 Capital stock................... ~ %4@@ %(-~ %4@%(*4,506%(*10,759%(*12,060 %(*** %(***~ % (P@ % (***~ % (v@ % (-% %0&( 30 Additional paid-in capital...... ~ &4A &(-&(*24,433&(*6,495&(*123,673 &(- &(*** &(***~ & 4@@ & (***~ & 4/@ & (-& &0'( 31 Retained earnings............... ~ '4F '(-~ '4'(*178,779'(*-88,849'(*129,199 '(*** '(***~ ' 4(A ' (***~ ' 4@@ ' (-' '0(( 32 Less: Cost of treasury stock... ~ (4`@ ((- ((- ((-((*2,080((*46,515 ((*** ((***~ ( 4@ ( (***~ ( 4@ ( (-( (0)( 33 Total receipts..................... ~ )4)(*191,260~ )40j+A)(*842,647)(*856,386)(*277,957 )(*** )(***~ ) 4~t. ) (***~ ) 4+ ) (-) )0*( 34 Business receipts................ ~ *46*(*185,990~ *40j+A*(*412,515*(*834,062*(*270,073 *(*** *(***~ * 4a- * (***~ * 4* * (-* *0+( 35 Interest on govt. obligations.... ~ +4̕@ +(- +(- +(- +(- +(- +(*** +(***~ + (c@ + (***~ + (<@ + (-+ +0,( 36 Net gain, noncapital assets...... ,(*33,633 ,(- ,(-,(*15,699,(*16,140 ,(- ,(*** ,(***~ , (p@ , (*** , (- , (-, ,0-( 37 Other receipts................... ~ -4 QA-(*5,270 -(--(*414,433-(*6,184-(*7,884 -(*** -(***~ - 4@ - (***~ - 4@ - (-- -0.( 38 Total deductions................... ~ .4aZA.(*181,170~ .4'A.(*736,598.(*806,155.(*205,170 .(*** .(***~ . 4\!$A . (***~ . 4v8' . (-. .0/( 39 Cost of goods sold............... ~ /4:b/(*8,863/(*79,192/(*70,461/(*206,383/(*47,778 /(*** /(***~ / 40DA / (***~ / 4^A / (-/ /00( 40 Compensation of officers......... ~ 04@A0(*2,537~ 04PA0(*23,4920(*13,2140(*14,669 0(*** 0(***~ 0 4@ 0 (***~ 0 4@ 0 (-0 001( 41 Salaries and wages............... ~ 14?A1(*48,7171(*170,5041(*413,9061(*262,7741(*39,111 1(*** 1(***~ 1 4 A 1 (***~ 1 4@@ 1 (-1 102( 42 Repairs.......................... ~ 24@2(*2,542~ 24Ϻ@2(*4,6492(*57,226 2(*600 2(*** 2(***~ 2 4@ 2 (***~ 2 ( @ 2 (-2 203( 43 Bad debts........................ ~ 34)@ 3(- 3(- 3(-3(*3,014 3(*805 3(*** 3(***~ 3 4@ 3 (***~ 3 4@ 3 (-3 304( 44 Rent paid on business property... ~ 44^A4(*38,363~ 44l@4(*32,5434(*59,8204(*23,030 4(*** 4(***~ 4 4@ 4 (***~ 4 4@ 4 (-4 405( 45 Taxes paid....................... ~ 54A5(*7,036~ 54@5(*40,0725(*13,8555(*5,546 5(*** 5(***~ 5 44@ 5 (***~ 5 4Ⱥ@ 5 (-5 506( 46 Interest paid.................... ~ 647@ 6(-6(*1,7776(*13,7816(*13,838 6(*320 6(*** 6(***~ 6 4`@ 6 (***~ 6 4x@ 6 (-6 607( 47 Amortization..................... ~ 74@ 7(*697( 7(*1847(*2,106 7(- 7(*** 7(***~ 7 4@ 7 (***~ 7 4@ 7 (-7 708( 48 Depreciation..................... ~ 84A8(*9,589~ 84@8(*4,0688(*33,5028(*1,325 8(*** 8(***~ 8 4@@ 8 (***~ 8 4@ 8 (-8 809( 49 Depletion........................  9(- 9(- 9(- 9(- 9(- 9(- 9(*** 9(*** 9 (- 9 (*** 9 (- 9 (-9 90:( 50 Advertising...................... ~ :4A:(*4,223~ :4@:(*5,127:(*23,009:(*7,336 :(*** :(***~ : 4J@ : (***~ : 4@`@ : (-: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4\@ ;(-;(*16,350;(*1,709 ;(*752 ;(*825 ;(*** ;(***~ ; 4[@ ; (***~ ; 4@ ; (-; ;0<( 52 Employee benefit programs........ ~ <4`@<(*1,667<(*3,383<(*26,402<(*15,171 <(*563 <(*** <(***~ < 4@ < (***~ < 4@ < (-< <0=( 53 Net loss, noncapital assets...... ~ =4$@ =(- =(- =(- =(- =(- =(*** =(***~ = (X@ = (***~ = (,@ = (-= =0>( 54 Other deductions................. ~ >4h5A>(*57,565~ >48d A>(*100,203>(*101,489>(*63,261 >(*** >(***~ > 4pH@ > (***~ > 4 |@ > (-> >0?( 55 Total receipts less total deducts.. ~ ?4+A?(*10,090~ ?4@?(*106,048?(*50,231?(*72,787 ?(*** ?(***~ ? 4@ ? (***~ ? 4"@ ? (-? ?@@A@BG@C@D@E@FG@G@H@I@J@K@L@M@NG@O@P@Q@RG@S@T@U@V@W@X0@( 56 Total 1120S corporation net income.  @(- @(- @(- @(- @(- @(- @(*** @(*** @ (- @ (*** @ (- @ (-@ @0A( Net income (less deficit) from a A( A(A(A(A(A(A(A(A (A (A (A (A A0B( 57 trade or business................  B(- B(- B(- B(- B(- B(- B(*** B(*** B (- B (*** B (- B (-B B0C( 58 Net income....................... ~ C4(+AC(*10,090~ C4@C(*106,048C(*50,231C(*72,787 C(*** C(***~ C 4 @ C (***~ C 4@ C (-C C0D( 59 Deficit.......................... D(*23,869 D(- D(- D(- D(- D(- D(*** D(*** D (- D (*** D (- D (-D D0E( Portfolio income (less deficit) E( E(E(E(E(E(E(E(E (E (E (E (E E0F( 60 distributed to shareholders:..... ~ F4`@ F(-F(*1,825F(*2,655 F(*290F(*4,127 F(*** F(***~ F 4|@ F (***~ F 4Ҭ@ F (-F F0G( 61 Dividend income.................. ~ G4H@ G(- G(- G(- G(-G(*1,716 G(*** G(***~ G (x@ G (***~ G (@ G (-G G0H( 62 Interest income.................. ~ H4@@ H(-H(*1,825H(*2,655 H(*290 H(*606 H(*** H(***~ H 4@ H (***~ H 4$@ H (-H H0I( 63 Royalty income (less loss)....... ~ I4D@ I(- I(- I(- I(- I(- I(*** I(***~ I (W@ I (***~ I 4@ I (-I I0J( 64 Net S-T capital gain (less loss).  J(*220 J(- J(- J(- J(- J(*313 J(*** J(***~ J (X J (*** J (- J (-J J0K( 65 Net L-T capital gain (less loss). ~ K4@ K(- K(- K(- K(-K(*1,491 K(*** K(***~ K ( K (***~ K (D K (-K K0L( 66 Other portfolio income (net).....  L(- L(- L(- L(- L(- L(- L(*** L(*** L (- L (*** L (- L (-L L0M( Real estate rental net income M( M(M(M(M(M(M(M(M (M (M (M (M M0N( 67 (less deficit)................. ~ N4@s@ N(- N(- N(- N(- N(- N(*** N(***~ N (x@ N (***~ N (@ N (-N N0O( 68 Net income....................... ~ O4@ O(- O(- O(- O(- O(- O(*** O(***~ O (@ O (***~ O (@ O (-O O0P( 69 Deficit..........................  P(*354 P(- P(- P(- P(- P(- P(*** P(***~ P (@ P (*** P (- P (-P P0Q( Net income (less deficit) from Q( Q(Q(Q(Q(Q(Q(Q(Q (Q (Q (Q (Q Q0R( 70 other rental activity.......... ~ R(J@ R(- R(- R(- R(- R(- R(*** R(***~ R (B@ R (***~ R (.@ R (-R R0S( 71 Net income....................... ~ S(J@ S(- S(- S(- S(- S(- S(*** S(***~ S (B@ S (***~ S (.@ S (-S S0T( 72 Deficit..........................  T(- T(- T(- T(- T(- T(- T(*** T(*** T (- T (*** T (- T (-T T0U( 73 Total income tax before credits....  U(*366 U(*366 U(- U(- U(- U(- U(*** U(*** U (- U (*** U (- U (-U U0V( 74 Built-in gains tax...............  V(*366 V(*366 V(- V(- V(- V(- V(*** V(*** V (- V (*** V (- V (-V V0W$( 75 Excess net passive income tax....  W)- W)- W)- W)- W)- W)- W)*** W)*** W )- W )*** W )- W )-W WgX3_Source: IRS, 2003 Corporation Source Book of Statistics of Income. Publication 1053. May 2006.XXXXXXXXX X X X X X= MC5> "