�\pgldobl00 fYl0 W*LB�  dMbP?_"*+�%�����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1'�� Courier Newrier New 0�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�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} �(}  �} � Y�l��@�@� @�@ ��@��@��@��@ ��@ ��@ �@ �@ ��@��@�@��@��@��@�@��@��@�@�@��@��@��@�@�@�@�@�@00(S Corporations - Returns With 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 --   - . .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.................. ~ 4y@ (***~ 4@ (*2,088 (*943 (***~ (�@ (***~ (9@ (*** (*** (***  0 ( 2 Total assets....................... ~ 46 (***~ 4 A (*326,468 (*313,989 (***~ 4X1A (***~ 4�2A (*** (*** (***  0 ( 3 Cash............................. ~ 4α5 (***~ 4z@ (*136,378 (*3,245 (***~ 4A (***~ 4�6@ (*** (*** (***  0 ( 4 Notes and accounts receivable.... ~ 4x$A (*** (*1,272 (*1,397~ (2@ (***~ 4t)A (***~ 4pb@ (*** (*** (***  0 ( 5 Less: Allowance for bad debts. ~ 4_@ (*** (- (- (- (*** (*1,931 (***~ 4 @ (*** (*** (***  0( 6 Inventories...................... ~ 4�@ (***(*11,750(*38,639 (*977 (***(*30,261 (***~  4G@  (***  (***  (*** 0( 7 U.S. govt. obligations, total.... ~ (pu@ (*** (- (- (- (*** (- (***~  (pu@  (***  (***  (*** 0( 8 Tax-exempt securities............  (- (*** (- (- (- (*** (- (***  (-  (***  (***  (*** 0( 9 Other current assets............. ~ 4p@ (***(*3,353(*23,090 (- (***~ 4@ (***~  4@  (***  (***  (*** 0( 10 Loans to shareholders............ ~ 4ZA (***(*34,111(*3,483(*99,447 (***~ 4@ (***~  4@  (***  (***  (*** 0( 11 Mortgage and real estate loans... (*35,981 (*** (- (-(*28,336 (*** (- (***~  (J@  (***  (***  (*** 0( 12 Other investments................ ~ 4p@ (***(*7,156 (- (- (***(*2,987 (***~  4`Y@  (***  (***  (*** 0( 13 Depreciable assets............... ~ 4x (***~ 4@} A(*282,590(*118,341 (***~ 4) (***~  4p�A  (***  (***  (*** 0( 14 Less: Accumulated depreciation ~ 4>C (***~ 4A(*216,548(*35,343 (***~ 4 A (***~  4�@  (***  (***  (*** 0( 15 Depletable assets................ (*4,106 (*** (- (- (- (*** (- (***  (-  (***  (***  (*** 0( 16 Less: Accumulated depletion... (*3,880 (*** (- (- (- (*** (- (***  (-  (***  (***  (*** 0( 17 Land............................. ~ 4 @ (*** (-(*46,362(*9,058 (***~ (@ (***~  4^@  (***  (***  (*** 0( 18 Intangible assets (Amortizable).. ~ 4p|@ (***(*1,455 (*339(*22,341 (***(*10,666 (***~  4@  (***  (***  (*** 0( 19 Less: Accumulated amortization ~ 4@ (***(*1,455 (*339(*22,341 (***(*4,355 (***~  4V@  (***  (***  (*** 0( 20 Other assets..................... ~ 4TA (***(*11,903(*11,079(*89,909 (***~ 4@ (***~  4y@  (***  (***  (*** 0( 21 Total liabilities.................. ~ 46 (***~ 4 A(*326,468(*313,989 (***~ 4X1A (***~  4�2A  (***  (***  (*** 0( 22 Accounts payable................. ~ 4rA (***(*3,670(*9,151 (*286 (***~ 4 '@ (***~  4@  (***  (***  (*** 0( 23 Mort, notes, and bonds under 1 yr ~ 40nA (***(*11,706(*40,645(*18,089 (***~ 4`4@ (***~  47@  (***  (***  (***  �l@!�@"� @#��@$�@%�@&��@'��@(�@)��@*�@+�@,��@-��@.�@/�@0�@1��@2�@3��@4��@5��@6��@7��@8��@9��@:��@;��@<��@=�@>��@?�@0 ( 24 Other current liabilities........ ~ 4�)3 (***~ 4 @ (*63,212 (*71,656 (***~ 4h`A (***~ 4@@ (*** (*** (***  0!( 25 Loans from shareholders.......... ~ !4 (A !(***!(*38,404!(*110,679!(*114,942 !(***!(*3,254 !(***~ ! 4@ ! (*** ! (*** ! (***! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4A "(***"(*11,368"(*55,720 "(- "(***~ "4p@ "(***~ " 4 @ " (*** " (*** " (***" "0#( 27 Other liabilities................ ~ #4@@ #(***#(*2,002 #(-#(*10,631 #(***#(*2,155 #(***~ # 4u@ # (*** # (*** # (***# #0$( 28 Net worth........................ ~ $4�;U $(***~ $4@$(*47,061$(*98,385 $(***~ $4i" $(***~ $ 4�,A $ (*** $ (*** $ (***$ $0%( 29 Capital stock................... ~ %4Ш@ %(***~ %4� @%(*23,185%(*3,718 %(***~ %4$@ %(***~ % (@}@ % (*** % (*** % (***% %0&( 30 Additional paid-in capital...... ~ &4nA &(***&(*45,885 &(-&(*5,737 &(***~ &4`@ &(***~ & 4f@ & (*** & (*** & (***& &0'( 31 Retained earnings-unappropriated ~ '4I '(***~ '4�'(*23,876'(*88,931 '(***~ '4pA '(***~ ' 4A ' (*** ' (*** ' (***' '0(( 32 Less: Cost of treasury stock.. ~ (4@ ((*** ((- ((- ((- ((***~ ((0@ ((***~ ( 4u@ ( (*** ( (*** ( (***( (0)( 33 Total receipts..................... ~ )43 )(***~ )4mD)( *1,843,168)(*156,843 )(***~ )4~ƴ )(***~ ) 4`{$A ) (*** ) (*** ) (***) )0*( 34 Business receipts................ ~ *4/ *(***~ *4NC*( *1,842,200*(*154,903 *(***~ *4�,� *(***~ * 4' * (*** * (*** * (**** *0+( 35 Interest on govt. obligations.... ~ +(@ +(*** +(- +(- +(- +(***~ +(W@ +(***~ + (@f@ + (*** + (*** + (***+ +0,( 36 Net gain, noncapital assets...... ~ ,4@ ,(***,(*1,071 ,(- ,(- ,(***~ ,4@ ,(***~ , ( @ , (*** , (*** , (***, ,0-( 37 Other receipts................... ~ -4@ -(***-(*9,523 -(*967-(*1,940 -(***~ -4N@ -(***~ - 4C@ - (*** - (*** - (***- -0.( 38 Total deductions................... ~ .4� .(***~ .4>H;.( *1,680,414.(*114,818 .(***~ .4CA .(***~ . 4$ . (*** . (*** . (***. .0/( 39 Cost of goods sold............... ~ /4`?A /(***/(*150,642/(*270,625/(*13,038 /(***~ /4$A /(***~ / 4 @ / (*** / (*** / (***/ /00( 40 Compensation of officers......... ~ 04Hu&A 0(***~ 04A0(*337,174~ 0(H@ 0(***~ 04�A 0(***~ 0 4�@ 0 (*** 0 (*** 0 (***0 001( 41 Salaries and wages............... ~ 14k@A 1(***1(*200,1281(*507,4921(*4,922 1(***~ 14V�0 1(***~ 1 4A 1 (*** 1 (*** 1 (***1 102( 42 Repairs.......................... ~ 24@ 2(***~ 24Ҵ@2(*9,3952(*2,256 2(***~ 24@@ 2(***~ 2 4Q@ 2 (*** 2 (*** 2 (***2 203( 43 Bad debts........................ ~ 34@ 3(*** 3(*263 3(- 3(- 3(***3(*2,523 3(***~ 3 4@ 3 (*** 3 (*** 3 (***3 304( 44 Rent paid on business property... ~ 44A 4(***~ 44@4(*50,5384(*5,339 4(***~ 44�A 4(***~ 4 4@ 4 (*** 4 (*** 4 (***4 405( 45 Taxes paid....................... ~ 54A 5(***~ 54@5(*72,3835(*1,989 5(***~ 54@ 5(***~ 5 4~@ 5 (*** 5 (*** 5 (***5 506( 46 Interest paid.................... ~ 64`@ 6(*** 6(*7266(*16,024 6(*424 6(***~ 64g@ 6(***~ 6 4X@ 6 (*** 6 (*** 6 (***6 607( 47 Amortization..................... ~ 74'@ 7(*** 7(- 7(- 7(- 7(*** 7(*951 7(***~ 7 4@ 7 (*** 7 (*** 7 (***7 708( 48 Depreciation..................... ~ 84lA 8(***~ 84@8(*11,1178(*5,102 8(***~ 84`@ 8(***~ 8 4@@ 8 (*** 8 (*** 8 (***8 809( 49 Depletion........................  9(- 9(*** 9(- 9(- 9(- 9(*** 9(- 9(*** 9 (- 9 (*** 9 (*** 9 (***9 90:( 50 Advertising...................... ~ :4`� A :(***~ :4�@:(*18,940:(*1,144 :(***~ :4n@ :(***~ : 4@ : (*** : (*** : (***: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4@ ;(***;(*28,344;(*18,156 ;(- ;(***~ ;4z@ ;(***~ ; 4J@ ; (*** ; (*** ; (***; ;0<( 52 Employee benefit programs........ ~ <4�A <(***<(*7,545<(*57,713<(*6,282 <(***~ <4@ <(***~ < 4x@ < (*** < (*** < (***< <0=( 53 Net loss, noncapital assets...... ~ =4 @ =(*** =(- =(- =(- =(***~ =("@ =(***~ = (&@ = (*** = (*** = (***= =0>( 54 Other deductions................. ~ >4�-8A >(***~ >4|WA>(*310,858>(*73,800 >(***~ >4DvA >(***~ > 4 �@ > (*** > (*** > (***> >0?( 55 Total receipts less total deducts.. ~ ?4E ?(***~ ?40KA?(*162,753?(*42,025 ?(***~ ?4A ?(***~ ? 40P@ ? (*** ? (*** ? (***? ?@��@A�G@B�@C�@D��@E��@F�G@G��@H��@I��@J��@K��@L��@M��@N�G@O��@P��@Q��@R�G@S��@T��@U��@V��@W��@X��0@( Total 1120S corporation net �@(� @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4JL A(***~ A4`\AA(*163,176A(*44,345 A(***~ A4�1A A(***~ A 4@ A (*** A (*** A (***A A0B( 57 1120S corporation net income..... ~ B4JL B(***~ B4`\AB(*163,176B(*44,345 B(***~ B4�1A B(***~ B 4@ B (*** B (*** B (***B B0C( 58 1120S corporation deficit........  C(- C(*** C(- C(- C(- C(*** C(- C(*** C (- C (*** C (*** C (***C C0D( 59 Net income from a trade or business  D(- 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(*550 F(*423F(*2,320 F(***~ F4@ F(***~ F 4ֱ@ F (*** F (*** F (***F F0G( 61 Dividend income.................. ~ G4x@ G(*** G(- G(- G(- G(*** G(*438 G(***~ G (@ G (*** G (*** G (***G G0H( 62 Interest income.................. ~ H4k@ H(*** H(*550 H(*423H(*1,829 H(***~ H4!@ H(***~ H 4R@ H (*** H (*** H (***H H0I( 63 Royalty income (less loss)....... ~ I4b@ I(*** I(- I(- I(- I(*** I(- I(***~ I (V@ I (*** I (*** I (***I I0J( 64 Net S-T capital gain (less loss)... ~ J(@ J(*** J(- J(- J(*490 J(***J( J(***~ J (`b@ J (*** J (*** J (***J J0K( 65 Net L-T capital gain (les loss).... ~ K4w@ K(*** K(- K(- K(- K(***~ K(H� K(***~ K ({� K (*** K (*** 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)................. N(*4,079 N(*** N(- N(- N(- N(***N(*2,211 N(***~ N 4@ N (*** N (*** N (***N N0O( 68 Net income....................... O(*4,180 O(*** O(- O(- O(- O(***O(*2,234 O(***~ O 40@ O (*** O (*** O (***O O0P( 69 Deficit.......................... ~ P(@Y@ P(*** P(- P(- P(- P(***~ P(7@ P(***~ P (S@ 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(<@ R(*** R(- R(- R(- R(*** R(- R(***~ R (6@ R (*** R (*** R (***R R0S( 71 Net income....................... ~ S(<@ S(*** S(- S(- S(- S(*** S(- S(***~ S (6@ 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(*2,122 U(***U(*1,760 U(- U(- U(*** U(- U(***~ U (=@ U (*** U (*** U (***U U0V( 74 Built-in gains tax............... V(*2,122 V(***V(*1,760 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= �x_7_> ��" ������������������������������