�\pgldobl00 f\l0 w)'JB�  dMbP?_"*+�%�����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1'�� Courier Newrier New 04d<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�C &xA��C "A�C "A�C "A�C "A��C "A��C  hA�C "A�C "A�C "A�C #xA��C #xA�C #XA�C #xA�C &XA�C #XA�C #xA�C #XA�C !XA�C !xA��C !xA��C  HA�C #|A��������������U} �(}  �} � \�l�@�@�$@�@ ��@��@��@��@ ��@ ��@ ��@ ��@ ��@��@��@�@��@��@��@�@��@��@��@��@��@�@��@��@��@��@��@<04S Corporations - Returns With and Without Net Income/=52003 Corporation Source Book of Statistics of Income,   - . .0/tlIncome Tax Returns of Active 1120S Corporations with Accounting Periods Ended July 2003 Through June 2004 --   - . .30+Wholesale and retail trade: Wholesale trade/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 42" "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�4A~ 4@~ 40@~ 4@~ 4H@~ 4@~ 4@~ 4@@~ 4r@~ (ȇ@~ (pp@~ (d@  0 ( 2 Total assets....................... ~ 4�:L6 (-~ 4��~ 4�8�~ 4B�~ 4�3�~ 4� � ~ 4.~ 4u ~ 4p2~ 4 J~ 4nm�   0 ( 3 Cash............................. ~ 4[ (-~ 4-~ 4x*A~ 49~ 4`�2A~ 4l~ 46L�~ 4�~ 4�%u~ 4&/O~ 4J  0 ( 4 Notes and accounts receivable.... ~ 4�L (-~ 4@�A~ 4)A~ 4Oi~ 4�~ 4�~ 4"=�~ 4zS ~ 4��~ 4*I~ 4~v  0 ( 5 Less: Allowance for bad debts. ~ 44�/A (- (*615 (-~ (>@ (*4,893~ 4A~ 4� A~ 4x� A~ 4x�A~ 4p2@~ 4h5 A  0( 6 Inventories...................... ~ 4g (-~ 4<�A~ 46�.~ 4v~ 4�~ 4B6X~ 4r(�~  4v�~  4"~  4NYI~  4DfA 0( 7 U.S. govt. obligations, total.... ~ 4�A (- (-(*2,440(*14,112~ ( @(*69,216(*32,257~  4@~  4@~  4@~  4X�A 0( 8 Tax-exempt securities............ ~ 4,A (- (*162 (- (- (-(*108,212(*73,557~  4@~  4@~  4@~  4�A 0( 9 Other current assets............. ~ 4l (-~ 4 @~ 4@~ 4 .@~ 4آA~ 4Ε�~ 4ڱK~  4� l~  4K~  4~F~  4NSX 0( 10 Loans to shareholders............ ~ 4L� (-~ 4�@(*112,744~ 4vA~ 4�(@~ 4I,A~ 4P0A~  48�A~  4FA~  4@~  4UA 0( 11 Mortgage and real estate loans... ~ 44�!A (- (*162 (- (-(*42,402(*243,703(*144,999~  4�@~  4`@~  4k@~  4@ 0( 12 Other investments................ ~ 4^� (-(*39,110(*87,322~ 4A~ 4 A~ 4��~ 4V~  4~  4jc~  4R~  4Fk 0( 13 Depreciable assets............... ~ 4�� (-~ 4Dk~ 4jA~ 4�6i~ 4VZo~  4n�~  4~|~  4rd�~  4 0( 15 Depletable assets................ ~ 4�A (-(*26,971 (-(*24,343 (- (- (-~  4p@~  4@~  4�<@~  4P2@ 0( 16 Less: Accumulated depletion... ~ 40@ (- (- (-(*24,343 (- (- (-~  (}@~  4@~  4�@~  4`U@ 0( 17 Land............................. ~ 4 (-(*10,891(*44,804(*81,106(*93,636~ 4X�A~ 4^A~  4� A~  4�?A~  4( A~  4@ A 0( 18 Intangible assets (Amortizable).. ~ 4�*� (-~ 4 A~ 4iA~ 4�0A~ 4A~ 4n�<~ 4X !A~  4(�2A~  4Ƅ;~  4NJ#~  4�8A 0( 19 Less: Accumulated amortization ~ 4:\x (-~ 4�@~ 4A~ 4@~ 4v@~ 4�A~ 4@~  4�*A~  4� A~  4�A~  4h�A 0( 20 Other assets..................... ~ 4Z� (-~ 4~ 4 9@~ 4@~ 4p�A~ 4�%A~ 4 : A~  4A~  48= A~  4X�A~  4P�&A 0( 21 Total liabilities.................. ~ 4�:L6 (-~ 4��~ 4�8�~ 4B�~ 4�3�~ 4� � ~ 4.~  4u ~  4p2~  4 J~  4nm�  0( 22 Accounts payable................. ~ 4ƍ3  (-~ 4|�A~ 4�2,~ 4^.s~ 4� ~ 4FI~ 4$~  4BX0~  4*Q~  4�~  4FA 0( 23 Mort, notes, and bonds under 1 yr ~ 4D (-~ 4OA~ 48J A~ 4.$~ 4� $A~ 4v~ 4Φ~  4~  4n�~  4V�~  4"�+  �l@!��@"��@#��@$��@%��@&��@'��@(��@)��@*��@+��@,��@-�@.��@/��@0��@1��@2��@3��@4��@5��@6��@7��@8��@9��@:��@;��@<��@=��@>��@?��@0 ( 24 Other current liabilities........ ~ 4r,� (-~ 4|A~ 4T�A~ 4uA~ 4XNA~ 4f-�~ 4`�;A~ 4}�~ 4J>�~ 4gR~ 4R@�  0!( 25 Loans from shareholders.......... ~ !4__ !(-~ !4>A~ !4&C/~ !4Xr~ !4$�*A~ !4Z~ !4 ^W~ ! 4\~ ! 4n9~ ! 4�A~ ! 4A! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4m� "(-~ "4<�A~ "4p!A~ "4_a~ "4`F~ "4J[x~ "4V~ " 424 ~ " 4�~ " 4?A~ " 46}E" "0#( 27 Other liabilities................ ~ #4� #(-~ #49#(*1,113~ #4h�A~ #4`@~ #4f"~ #4_A~ # 4�A~ # 4�-A~ # 4�A~ # 4X'A# #0$( 28 Net worth........................ ~ $4N6 $(-~ $4��~ $4Y:~ $4�%A~ $4�~ $4 E~ $4V�~ $ 4@�~ $ 4�<~ $ 4�~ $ 4.$ $0%( 29 Capital stock................... ~ %4�3V %(-~ %4F�(~ %4�2-~ %4A~ %4t>A~ %48:5A~ %4޲%~ % 4!A~ % 4`�A~ % 4P�A~ % 4fA% %0&( 30 Additional paid-in capital...... ~ &4@ &(-~ &44_A~ &4|�A~ &4 ~ &4l�A~ &4�~ &4�6]~ & 4D�2A~ & 4~�5~ & 4A~ & 42A& &0'( 31 Retained earnings-unappropriated ~ '4n '(-~ '4Hi;~ '4~ '4�~ '4v~ '4^~ '4R:�~ ' 4VN~ ' 4~ ' 4ڛ�~ ' 4�' '0(( 32 Less: Cost of treasury stock... ~ (4� ((-~ (4 @((*109,746((*151,740~ (40� A~ (4W>~ (4f$A~ ( 40�&A~ ( 4H A~ ( 4A~ ( 4�A( (0)( 33 Total receipts..................... )4ô[A~ )4fQE~ )4�~ )4;~ )4V~ )4]�~ )4Oc*~ )4^� ~ ) 4�}~ ) 4~ ) 4~ ~ ) 4�) )0*( 34 Business receipts................ *4�A~ *4�(@~ *4� ~ *4L8~ *4|~ *4j~ *4��)~ *4�~ * 46�>~ * 4�.�~ * 4j_� ~ * 4b�:* *0+( 35 Interest on govt. obligations.... ~ +4@ +(- +(*215 +(-~ +(6@+(*2,441~ +44@~ +4@~ + 4@~ + 4@~ + 4@~ + 4@+ +0,( 36 Net gain, noncapital assets...... ~ ,4A~ ,4P@,(*11,380 ,(*525,(*6,382,(*16,668~ ,4A@~ ,4%@~ , 4 c@~ , 4�@~ , 4I@~ , 4p�A, ,0-( 37 Other receipts................... ~ -4�2�~ -4@h@~ -4؉A~ -4}@~ -4A~ -4FA~ -4�:A~ -4P&A~ - 47~ - 4#~ - 4A~ - 4=A- -0.( 38 Total deductions................... .4�?A~ .4v�7~ .4��~ .4�~ .4bXw~ .4�0�~ .4|=)~ .4ra~ . 4 �~ . 4Bo~ . 4*&� ~ . 4�. .0/( 39 Cost of goods sold............... /4A~ /4 ~ /4JzY~ /4J�~ /4~ /4�~ /4�"� ~ /4�~ / 4ډz~ / 42�(~ / 4� ~ / 4t/ /00( 40 Compensation of officers......... ~ 04ڭe~ 04Ў A~ 04e7A~ 046'A~ 04x�*A~ 04ʶD~ 04F~ 04q~ 0 4j~ 0 4|x,A~ 0 4<A~ 0 4�A0 001( 41 Salaries and wages............... ~ 14:�. ~ 14nA~ 14֫P~ 14|�3A~ 1406A~ 14>A~ 14g�~ 14j�~ 1 4ʯ�~ 1 4A~ 1 4V[�~ 1 4&u:1 102( 42 Repairs.......................... ~ 24�~ 24`@~ 24@~ 24 @~ 24 @~ 24pc@~ 24'~ 24^A~ 2 4YA~ 2 4P A~ 2 4@~ 2 4HMA2 203( 43 Bad debts........................ ~ 34_~ 34�4@3(*117,527~ 34[@~ 34@~ 34@�@~ 34tVA~ 34�A~ 3 4c A~ 3 4�A~ 3 4}@~ 3 4P@3 304( 44 Rent paid on business property... ~ 44�A~ 44Pw@~ 44b!A~ 440� A~ 44&�&~ 44�A~ 44~ 44P~ 4 4�T~ 4 41~ 4 4�0A~ 4 4Y$A4 405( 45 Taxes paid....................... ~ 54b[4~ 54@A~ 54}A~ 54A~ 54�,A~ 54PA~ 54n5w~ 54V{~ 5 4 d~ 5 4�:-A~ 5 4(�A~ 5 4N�85 506( 46 Interest paid.................... ~ 64IA~ 64@~ 64@~ 64f@~ 6401 A~ 64`@~ 64-~ 64pA~ 6 4x�!A~ 6 4(QA~ 6 4X5 A~ 6 4,zA6 607( 47 Amortization..................... ~ 74~!~ 744@~ 74@~ 74@~ 74@@~ 74#@~ 74H@~ 74X@~ 7 4@~ 7 4@~ 7 4@~ 7 48A7 708( 48 Depreciation..................... ~ 84b~ 84@~ 848�A~ 840�A~ 84k A~ 84T A~ 84�4A~ 84&�5~ 8 4D~ 8 4'A~ 8 4TWA~ 8 4cB8 809( 49 Depletion........................ ~ 94t@ 9(- 9(- 9(- 9(- 9(- 9(- 9(-~ 9 (p|@~ 9 (|@~ 9 (@~ 9 4L@9 90:( 50 Advertising...................... ~ :4G�~ :4p@~ :4�A~ :4t@~ :4@~ :4@A~ :4vp0~ :4 A~ : 4f'~ : 4toA~ : 4A~ : 4F#: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4er~ ;4\@~ ;4@T@~ ;4`@~ ;4`@~ ;4�@~ ;4U!A~ ;4A~ ; 4آA~ ; 4hA~ ; 4�@~ ; 4p�A; ;0<( 52 Employee benefit programs........ ~ <4�~ <4@~ <4p@~ <4П@~ <4�$@~ <4@`@~ <4W*A~ <4A~ < 4(~ < 4nA~ < 4@A~ < 4�#A< <0=( 53 Net loss, noncapital assets...... ~ =4@=(*9,445 =(- =(-=(*4,906=(=(*3,568~ =(p@~ = 4@~ = 4@~ = 4D@~ = 44@= =0>( 54 Other deductions................. ~ >46� ~ >4�A~ >4�~ >4�:Q~ >4j~ >4t~ >4*~ >4n�~ > 4n�$~ > 4~ > 4�9A~ > 4t!HA> >0?( 55 Total receipts less total deducts.. ~ ?4^�~ ?4 A~ ?4A~ ?4_ A~ ?4!~ ?4J-F~ ?4�%~ ?4�~ ? 4� �~ ? 4��~ ? 4vXL~ ? 4�? ?@�@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)............. ~ A4^z�~ A4�~ A4�A~ A4ԕ A~ A4m!~ A4H~ A4B?~ A4�~ A 4(KA~ A 4GCA~ A 4�"T~ A 4j�A A0B( 57 1120S corporation net income..... ~ B4"�~ B4� ~ B43A~ B4>(2~ B4^B~ B4�W~ B4�r~ B4�~ B 4.>�~ B 4DA~ B 4ڝZ~ B 4�B B0C( 58 1120S corporation deficit........ ~ C4ʕ�~ C4A~ C4H�'A~ C4A~ C48� A~ C4y A~ C4�=3~ C4�9A~ C 4A~ C 4k A~ C 4@~ C 4h�AC 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............... ~ E4f�~ E4 A~ E4A~ E4_ A~ E4 A~ E4&F~ E46�%~ E4o�~ E 4~�~ E 4�~ E 4K~ E 46E E0F( 60 Net income....................... ~ F4 ~ F4A~ F4�9J~ F4P�(A~ F4A~ F4l35A~ F4E]~ F4n~ F 4j~ F 4dCA~ F 4T~ F 4RF F0G( 61 Deficit.......................... ~ G4� ~ G4� A~ G4�(A~ G4A~ G4�" A~ G4� A~ G4+A~ G4BA~ G 4cA~ G 4A~ G 4�A~ G 48�AG G0H( Portfolio income (less deficit) �H(� H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4|a~ I4�~ I4�@~ I4@~ I4"~ I4l@~ I4/A~ I4A~ I 4x/ A~ I 4A~ I 4@~ I 4@~ K4�@~ K4p@~ K 4p @~ K 4P>@~ K 4`O@~ K 4�AK K0L( 65 Royalty income (less loss)....... ~ L4`kA L(-L(*34,483 L(- L(- L(-L(*4,439~ L4@~ L 4>@~ L 4@~ L 4@~ L 4@L L0M( 66 Net S-T capital gain (less loss). ~ M4@ M(*-178 M(- M(*742M(*-18,930 M(*-36~ M48@~ M4@~ M 4@~ M 4L~ M 4@~ M 4@M M0N( 67 Net L-T capital gain (less loss). ~ N44QA~ N4Z{N(N(*-4,446N(*-11,871N(*4,941~ N4A~ N4 @~ N 4�@~ N 4@~ N 4@@~ N 4`@N N0O( 68 Other portfolio income (net)..... ~ O4R@ O(- O(- O(- O(- O(- O(*593~ O(B@~ O (@@~ O (X@~ O (@w@~ O (x@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�A~ Q(i@Q(*13,253 Q(*7Q(*7,896Q(*18,381~ Q4@~ Q4@~ Q 4@�@~ Q 4@~ Q 4@~ Q 4@Q Q0R( 70 Net income....................... ~ R4UA~ R(i@R(*13,253 R(*7R(*7,896R(*18,381~ R4U@~ R4@~ R 4*@~ R 4@~ R 4@~ R 4@R R0S( 71 Deficit.......................... ~ S4@ S(- S(- S(- S(- S(-S(*5,538 S(*96~ S 4@~ S 4@~ S (z@~ S 4,@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.......... ~ U4�U(*3,454 U(-U(*1,257 U(- U(*375~ U4@U(*3,022~ U 4^@~ U 4@~ U 4@~ U 4`U U0V( 73 Net income....................... ~ V4@V(*3,454 V(-V(*1,257 V(- V(*375V(*17,425V(*3,127~ V 4W@~ V 4@~ V 4.@~ V 4@V V0W( 74 Deficit.......................... ~ W4Pi@ W(- W(- W(- W(- W(-W(*8,859 W(*105~ W 4@~ W (a@~ W (r@~ W 4@@W W0X( 75 Total income tax before credits.... ~ X4@~ X(Ps@ X(- X(- X(- X(- X(*779X(*2,062~ X 4@~ X 4@~ X 4@~ X 4@X X0Y( 76 Built-in gains tax............... ~ Y4ɾ@~ Y(c@ Y(- Y(- Y(- Y(- Y(*779 Y(*70~ Y 42@~ Y 4T@~ Y 4H@~ 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.[[[[[[[[[ [ [ [ [ [= �x_7_> ��" ������������������������������