�\pgldobl00 fYl0 @)JB�  dMbP?_"*+�%�����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1'�� Courier Newrier New 0N�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��@�@�!@�@ ��@��@��@��@ ��@ ��@ ��@ ��@ ��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@��@60.S Corporations - Returns With Total 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 --   - . .00(Wholesale and retail trade: Retail 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 44" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &@~ &@~  &j@~  &j@~  &j@  'more 0 ( 1 Number of returns.................. ~ 4x= A~ 4@~ 4@~ 4@~ 4� @~ 4>@~ 4@~ 4K@~ 4Z@~ (@~ ( g@~ (@Y@  0 ( 2 Total assets....................... ~ 4|4 (-~ 4�~ 4�~ 42�~ 4kb~ 4. ~ 4~ 4f ~ 4nz~ 4��~ 4�  0 ( 3 Cash............................. ~ 4JK� (-~ 4~)~ 4�;b~ 4~j~ 4jZm~ 43~ 42R�~ 48QA~ 46d�~ 4VaF~ 4Fn�  0 ( 4 Notes and accounts receivable.... ~ 4* (-~ 4`A~ 4֊/~ 4FbL~ 46Jc~ 4Jm~ 4R~ 4�$f~ 4�%�~ 4Hs~ 4�  0 ( 5 Less: Allowance for bad debts. ~ 4\PA (- (*12,153 (*981~ (9@ (*20,445~ 4`@~ 4)@~ 4#@~ 40i@~ 4@~ 4@  0( 6 Inventories...................... ~ 4� (-~ 4R~ 42e�~ 4R~ 4|c~ 4�~ 4[>~  4�~  4> `~  4R'~  4�� 0( 7 U.S. govt. obligations, total.... ~ 4�@ (- (- (*872 (- (-(*14,005 (-~  4U@~  4@~  4@~  4@ 0( 8 Tax-exempt securities............ ~ 4x�A (- (- (-(*9,980 (-~ (@(*3,937~  4@~  4`@~  4.@~  4I@ 0( 9 Other current assets............. ~ 46 (-~ 4P@~ 4(yA~ 4 �A~ 4FA~ 4h�7A~ 4,A~  4f2A~  4f�*~  4 �!A~  4G 0( 10 Loans to shareholders............ ~ 4Ҋ� (-~ 4@$A~ 4uA~ 4A~ 4`�A~ 4F�%~ 4A~  4pA~  4x�A~  4@~  4 @ 0( 11 Mortgage and real estate loans... ~ 4V�  (- (-(*14,703 (-(*82,418(*356,545 (-~  4`@~  4V@~  4?@~  4@ 0( 12 Other investments................ ~ 4rw (-~ 4@(*108,369~ 4ȡA~ 4�<A~ 4�9*A~ 4^e-~  44A~  4d1~  4�,A~  4V 0( 13 Depreciable assets............... ~ 4^ (-~ 4��~ 4J�~ 4V6~ 4r\�~ 4V(~ 4Rm"~  4~  4ʍw~  4"\~  4>(� 0( 14 Less: Accumulated depreciation ~ 4i  (-~ 4Ъ=A~ 4N:�~ 4�~ 4�!�~ 4�~ 4. (~  4Nj~  4�~  4{�~  4k� 0( 15 Depletable assets................ (*6,048 (- (*142 (- (- (-~ (�? (-~  4@~  ($@~  (@@~  (@ 0( 16 Less: Accumulated depletion... (*2,557 (- (*28 (- (- (-~ (�? (-~  4@~  ($@  (-~  (@ 0( 17 Land............................. ~ 4J6 (-(*35,112~ 4 N@~ 4@�A~ 4`�A~ 4�(A~ 4$�!A~  4/~  4F�%~  4A~  4�F 0( 18 Intangible assets (Amortizable).. ~ 4W� (-~ 4A~ 4vr"~ 4�.=~ 4nB~ 4hI~ 4~�=~  4,A~  4A~  4bA~  4]_ 0( 19 Less: Accumulated amortization ~ 48 DA (-~ 4 H A~ 4`� A~ 4�!A~ 4(�A~ 4�3A~ 445A~  4x�A~  4J@~  4p@~  4A 0( 20 Other assets..................... ~ 4Z (-~ 4@~ 4�A~ 4 �A~ 4@~ 4CA~ 4�A~  4PqA~  4A~  4�4A~  4hE*A 0( 21 Total liabilities.................. ~ 4|4 (-~ 4�~ 4�~ 42�~ 4kb~ 4. ~ 4~  4f ~  4nz~  4��~  4� 0( 22 Accounts payable................. ~ 4�6j (-~ 4{A~ 4�:-A~ 4�:>A~ 4^~ 4&͈~ 4jC�~  4ZR�~  4V~  4H5A~  4*� 0( 23 Mort, notes, and bonds under 1 yr ~ 4n (-~ 4 A~ 4t�A~ 4h3(A~ 4 �)A~ 4�&~ 42{~  46�~  4s~  4(�~  4n  �l@!��@"��@#��@$��@%��@&��@'��@(��@)�@*��@+��@,��@-�@.��@/��@0��@1��@2��@3��@4��@5��@6��@7��@8��@9��@:��@;��@<��@=��@>��@?��@0 ( 24 Other current liabilities........ ~ 4~-� (-~ 4<A~ 4 �$A~ 4-~ 4�+(A~ 4�~ 4޸s~ 4r~ 4z`~ 4nE~ 4~N�  0!( 25 Loans from shareholders.......... ~ !4� !(-~ !4?~ !4h7A~ !4�6A~ !4�31A~ !4k~ !4n9~ ! 4JZo~ ! 4`�'A~ ! 4UA~ ! 40�A! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4�� "(-~ "4+~ "4Sa~ "4\�=A~ "4:~ "4U~ "4d�~ " 4&W�~ " 4p�~ " 4|9A~ " 4/" "0#( 27 Other liabilities................ ~ #4pEA #(-~ #4�@~ #4f@~ #4Z�@~ #4�;@~ #4A~ #4A~ # 4 A~ # 4�% A~ # 4|qA~ # 46]6# #0$( 28 Net worth........................ ~ $4�)� $(-~ $4A~ $4~ $4��~ $4�$h~ $4xo~ $4.~ $ 4��~ $ 4h~ $ 4>\~ $ 4$ $0%( 29 Capital stock................... ~ %4� %(-~ %4A~ %4H�'A~ %4�*A~ %4p�,A~ %43A~ %4L�2A~ % 4ְ8~ % 4GA~ % 4 @~ % 4P� A% %0&( 30 Additional paid-in capital...... ~ &4Rm &(-~ &4l%~ &4Gk~ &4"A~ &4v%J~ &4 t~ &48~ & 46A~ & 4&�%~ & 48�A~ & 4.�'& &0'( 31 Retained earnings............... ~ '4t  '(-~ '4ܙ~ '40dA~ '4�~ '4NA~ '4�~ '4b~ ' 4^�*~ ' 4J�<~ ' 44NA~ ' 4}�' '0(( 32 Less: Cost of treasury stock... ~ (4zq� ((-((*184,501((*23,510((*230,687((*271,942~ (4d�(A~ (4 A~ ( 4\A~ ( 4X�A~ ( 48gA~ ( 4�9A( (0)( 33 Total receipts..................... )4�sA~ )46~ )4�:p~ )4& � ~ )4:v� ~ )46-A ~ )4#~ )4YT~ ) 4)~ ) 4"~ ) 4W ~ ) 4΃,) )0*( 34 Business receipts................ *4�A~ *4 ~ *4uA~ *4f� ~ *4r ~ *4�+ ~ *4��"~ *4>6�~ * 4�*%)~ * 4JP~ * 4. ~ * 4.* *0+( 35 Interest on govt. obligations.... ~ +4 @~ +(C@ +(-+(*9,854~ +(�? +(*180+(*2,864~ +4@~ + 4t@~ + 4i@~ + 4F@~ + 4Y@+ +0,( 36 Net gain, noncapital assets...... ~ ,42A~ ,4@,(*19,598 ,(*909,(*13,044,(*21,054~ ,40@~ ,4e@~ , 4`@~ , 4@@~ , 4@~ , 4`@, ,0-( 37 Other receipts................... ~ -4��~ -4n@~ -4� A~ -4A~ -4�A~ -4|�A~ -4`i~ -4�.~ - 4FA~ - 4vM~ - 4z'~ - 46Y=- -0.( 38 Total deductions................... .4y@A~ .4f_�~ .4�~ .4~ J ~ .4N!X ~ .4�� ~ .4�!~ .4�?�~ . 4)~ . 4q8~ . 4vq ~ . 4Fx. .0/( 39 Cost of goods sold............... /4�4A~ /4y~ /4FT~ /4`�~ /42QH ~ /4n2� ~ /4rN�~ /4��~ / 4#~ / 4n?~ / 4ގ9~ / 4˓ / /00( 40 Compensation of officers......... ~ 04teA~ 04@~ 04^@9~ 046l]~ 04�8A~ 04(=4A~ 04rj�~ 04P/3A~ 0 4J V~ 0 4TA~ 0 4uA~ 0 4A0 001( 41 Salaries and wages............... ~ 14QC ~ 14A~ 14�]~ 14FA~ 14N/�~ 14z�~ 14jz�~ 14��~ 1 4z2p~ 1 4j�$~ 1 4_HA~ 1 4��1 102( 42 Repairs.......................... ~ 24�~ 24@~ 24L�@~ 24`a A~ 24G A~ 24hA~ 24h� A~ 24l�A~ 2 4A~ 2 4x A~ 2 4`yA~ 2 4bA2 203( 43 Bad debts........................ ~ 34O1~ 34@~ 34@3@~ 34J@~ 34@@~ 34`@~ 34SA~ 34(�A~ 3 4@~ 3 4 0@~ 3 4`@~ 3 4W@3 304( 44 Rent paid on business property... ~ 44BO~ 44{@~ 44�4A~ 44[~ 44i~ 44�R~ 44Np�~ 44F^i~ 4 4t~ 4 4@�,A~ 4 4!A~ 4 4gH4 405( 45 Taxes paid....................... ~ 54�?p~ 54Z@~ 54�A~ 54<~ 54|�+A~ 54$�+A~ 54m~ 54�S~ 5 4>[~ 5 4<�%A~ 5 4�A~ 5 4�#B5 506( 46 Interest paid.................... ~ 64Zb�~ 64@~ 64pN@~ 64HgA~ 64 A~ 64�A~ 64)~ 64ī A~ 6 4F#~ 6 4�A~ 6 4PnA~ 6 4A6 607( 47 Amortization..................... ~ 74(A~ 74<@~ 74Z@~ 74}@~ 74@~ 74p@~ 740@~ 74@~ 7 4&@~ 7 4@~ 7 4@~ 7 4@7 708( 48 Depreciation..................... ~ 846~ 84@@~ 84�A~ 84PpA~ 84\KA~ 84A~ 84 \+A~ 84/~ 8 4:~ 8 4�"A~ 8 4tYA~ 8 4m5A8 809( 49 Depletion........................ ~ 94@ 9(- 9(- 9(- 9(- 9(- 9(- 9(-~ 9 (d@~ 9 ($@ 9 (-~ 9 4@9 90:( 50 Advertising...................... ~ :4~~ :4P@~ :4�1A~ :4A~ :4MA~ :4{A~ :4>A~ :4zuh~ : 4f~ : 4B~ : 4%~ : 4zCA: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4Fc?~ ;(q@;(*14,212~ ;4@~ ;4@~ ;4@@~ ;4� A~ ;4A~ ; 4H�A~ ; 4\@~ ; 4`K@~ ; 48|A; ;0<( 52 Employee benefit programs........ ~ <4�~ <4@~ <4@~ <4@~ <4H�A~ <4НA~ <4-~ <4'~ < 4`F)A~ < 4ԚA~ < 4�)A~ < 4 A< <0=( 53 Net loss, noncapital assets...... ~ =40r@~ =(b@ =(*425 =(*999=(*61,186 =(- =(*260=(*1,842~ = 4)@~ = 4F@~ = 48@~ = 4@= =0>( 54 Other deductions................. ~ >4fN|~ >4A~ >4�~ >4ڻ�~ >4L�~ >4k�~ >4OYA~ >4jp ~ > 48~ > 4N�~ > 4nBb~ > 4&f�> >0?( 55 Total receipts less total deducts.. ~ ?4 ~ ?4БA~ ?4č8A~ ?4�s~ ?4T�~ ?4@A~ ?4:00~ ?4��~ ? 4Z~ ? 4*g~ ? 4V{?~ ? 4�? ?@��@A��@B�G@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@( 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....................... ~ C42~ C4d�A~ C48A~ C4d�~ C4_1~ C4n~ C 4t)IA~ C 46g~ C 4/A~ C 4��C C0D( 59 Deficit.......................... ~ D40�@~ D((@D(*7,367 D(*247D(*15,991D(*13,619D(*22,249D(*11,555~ D 4@S@~ D 49@~ D 4@~ D 4@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.͚~ F4p@~ F4@H@~ F4@~ F4@~ F4p� A~ F4JNA~ F4�@~ F 4A~ F 4A~ F 4@~ F 4h�AF F0G( 61 Dividend income.................. ~ G4@8@~ G(I@ G(*53 G(*745 G(*61~ G4h@~ G4P@~ G4}@~ G 4@~ G 4@~ G 44@~ G 4@G G0H( 62 Interest income.................. ~ H4`$A~ H4H@~ H4R@~ H4Ա@~ H4@~ H4@~ H4�:@~ H4@@~ H 4ؓA~ H 4~@~ H 4X@~ H 4PAH H0I( 63 Royalty income (less loss)....... ~ I4@@~ I4P@I(*6,039 I(- I(- I(- I(*6 I(*16~ I 4ݰ@~ I (`@~ I 4`@~ I 4D@I I0J( 64 Net S-T capital gain (less loss). ~ J4,@~ J(=� J(- J(-J( J(-~ J4N@~ J4@~ J 4D@~ J (P@~ J 4@~ J 4x@J J0K( 65 Net L-T capital gain (less loss). ~ K4 l~ K4�(@K(*14,893 K(-~ K(;@K(*500,763~ K44�,A~ K4@~ K 4@`@~ K 4`@~ K 4@~ K 4@K K0L( 66 Other portfolio income (net)..... ~ L(@ L(- L(- L(- L(- L(- L(- L(*8~ L (@~ L (~ L (e@L (L L0M( Real estate rental net income �M(� M(M(M(M(M(M(M(M (M (M (M (M M0N( 67 (less deficit)................. ~ N4`� A~ N(v@N(*7,009N(*2,123N(*31,014N(*15,177~ N4@~ N(z~ N 4@~ N 4k@~ N 4@~ N 4@N N0O( 68 Net income....................... ~ O4� A~ O(v@O(*7,009O(*3,008O(*31,014O(*17,459~ O4@O(*4,172~ O 4 @~ O 4@@~ O 4 @~ O 4@@O O0P( 69 Deficit.......................... ~ P4@ P(- P(- P(*885 P(-P(*2,282P(*5,197P(*4,603~ P 4@~ P (|@~ P (n@~ P (X@P P0Q( Net income (less deficit) from �Q(� Q(Q(Q(Q(Q(Q(Q(Q (Q (Q (Q (Q Q0R( 70 other rental activity.......... ~ R4@ R(- R(- R(- R(-R(*3,755 R(*-315 R(*911~ R 4g@~ R 4@~ R 4@~ R 4Ω@R R0S( 71 Net income....................... ~ S4@ S(- S(- S(- S(-S(*3,755 S(-S(*1,245~ S 4@~ S 4@~ S 4@~ S 4Ω@S S0T( 72 Deficit.......................... ~ T4@ T(- T(- T(- T(- T(- T(*315 T(*334~ T 4@~ T 4h@~ T (@ T (-T T0U( 73 Total income tax before credits.... ~ U4*@U(*1,615 U(- U(- U(- U(*94U(*17,605U(*1,089~ U 4W@~ U 4J@~ U 46@~ U 4 @U U0V( 74 Built-in gains tax............... ~ V4@~ V(@ V(- V(- V(- V(*94V(*17,605~ V(Z@~ V 4$@~ V 4@~ V (؂@~ V 4@V V0W$( 75 Excess net passive income tax....  W)*650 W)- W)- W)- W)- W)- W)- W)*386~ W )p@ 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_> ��" ������������������������������