�\pgldobl00 fYl0 V)DJB�  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��@�@�@�@ ��@��@��@��@ ��@ ��@ ��@ ��@ ��@��@�@��@�@��@��@�@��@��@��@��@��@��@��@��@��@��@��@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 --   - . .*0"Real estate and rental and leasing/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 53" "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_ A~ 4F@~ 4`@~ 4@@~ 4@~ 4@@~ 4@!@~ 4@~ 4t@~ (p@~ (\@~ (L@  0 ( 2 Total assets....................... ~ 4�(v% (-~ 4r~ 4"T~ 4F1�~ 4�3~ 4* ~ 4~ 46�9~ 4#~ 4޴�~ 4fq�  0 ( 3 Cash............................. ~ 4  (-~ 4C~ 4N~ 4H�8A~ 4�$>A~ 4� ~ 4QB~ 4κX~ 4�('A~ 4v�'~ 4B  0 ( 4 Notes and accounts receivable.... ~ 4� (-~ 4g@ (*79,696~ 4A~ 4A~ 46Ս~ 48*A~ 4fYH~ 4�$A~ 4 A~ 4a;  0 ( 5 Less: Allowance for bad debts. ~ 4@ (- (- (- (- (- (*6,031 (*12,741~ 4�7@~ 4@~ 4@~ 4`@  0( 6 Inventories...................... ~ 4�*A (-(*12,765 (*581(*33,560(*12,621~ 4(LA(*59,265~  4TA~  4@~  4@~  48;A 0( 7 U.S. govt. obligations, total.... ~ 4 A (-(*1,187 (- (-(*1,319(*224,100~ (*@~  4 @~  4`3@~  4m@~  4PA 0( 8 Tax-exempt securities............ ~ 48� A (- (-(*4,330 (-(*27,396(*34,010(*35,989~  4@~  4@~  (Є@~  4@ 0( 9 Other current assets............. ~ 4+ (-~ 4A~ 4 �A~ 48LA~ 4bM~ 4�%FA~ 44A~  4ri~  4N6~  4�A~  4oLA 0( 10 Loans to shareholders............ ~ 4�?L (-~ 4A~ 4�A~ 4A~ 4D0~ 4�2_~ 4�!)~  4(�A~  4ؔA~  4A~  4PA 0( 11 Mortgage and real estate loans... ~ 4q� (-(*11,044(*47,691(*460,987~ 4�A~ 4N�>(*248,873~  4p&!A~  4A~  4~@~  4`@ 0( 12 Other investments................ ~ 4m� (-~ 4P@~ 4�"A~ 4X&A~ 4�7/~ 4n~ 4N�~  4X�~  4p~  4 "�~  4� 0( 13 Depreciable assets............... ~ 4� (-~ 4*~ 4ƣc~ 4~ 4j/h~ 4"~ 4�~  4z�~  4O~  4rZ�~  4B:� 0( 14 Less: Accumulated depreciation ~ 4eA (-~ 4nʹ~ 4Z�~ 4V~ 4�~ 4~ 4:�~  4r�~  4.g~  4V�?~  4~V� 0( 15 Depletable assets................ ~ 4@ (-~ (Q@ (- (- (-~ (H@~ (@j@~  4Z@~  4@~  (7@  (- 0( 16 Less: Accumulated depletion... ~ 4@ (-~ (Q@ (- (- (-~ (0@ (-~  (@U@~  4@~  (4@  (- 0( 17 Land............................. ~ 4b#% (-~ 4p�A~ 4(A~ 4^\~ 4�~ 4��~ 4�>A~  4 �?A~  4vg7~  4"~  46h 0( 18 Intangible assets (Amortizable).. ~ 4� (-~ 4A~ 4`@~ 40G@~ 4jA~ 4� "~ 4A~  4\�A~  4@~  4(7A~  4g A 0( 19 Less: Accumulated amortization ~ 4� -A (-~ 4�@~ 4@~ 4z@~ 4(A~ 4Hb A~ 4@s@~  4@~  4R@~  4@~  4y@ 0( 20 Other assets..................... ~ 4j%� (-~ 4p�~ 4�.~ 48� A~ 40�A~ 4nq$~ 4�;A~  4cA~  4$�A~  4�3A~  4�)A 0( 21 Total liabilities.................. ~ 4�(v% (-~ 4r~ 4"T~ 4F1�~ 4�3~ 4* ~ 4~  46�9~  4#~  4޴�~  4fq� 0( 22 Accounts payable................. ~ 4� (-~ 4p:@~ 4@~ 4(�A~ 4hDA~ 4�-F~ 4x�A~  4kA~  4A~  4< A~  43 0( 23 Mort, notes, and bonds under 1 yr ~ 4Z (-~ 4�+@~ 4f A~ 4<|A~ 4؄0A~ 4zw�~ 4|~A~  4(�4A~  4~-~  4#~  4&  �l@!��@"��@#��@$��@%��@&��@'��@(��@)�@*��@+��@,��@-�@.��@/��@0��@1��@2��@3��@4�@5��@6��@7��@8��@9��@:��@;��@<�@=��@>��@?��@0 ( 24 Other current liabilities........ ~ 4F(� (-~ 4,�!A~ 4@>A~ 4A~ 4p�"A~ 4�5A~ 4D,0A~ 4'A~ 4 jA~ 4A~ 4A  0!( 25 Loans from shareholders.......... ~ !4�- !(-~ !4h�*A~ !4 �)A~ !4�S~ !4.~ !4v�3~ !4@T%A~ ! 4E~ ! 4 A~ ! 4�A~ ! 4 @! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4� "(-~ "4�%~ "4@�.A~ "4Ru~ "4v~ "4F~ "4%~ " 46~ " 4�~ " 4DA~ " 4>�" "0#( 27 Other liabilities................ ~ #4N #(-~ #4�*@~ #4�@~ #4DAA~ #4� A~ #4 �>A~ #4�3A~ # 4(+~ # 4�8!A~ # 4dL#A~ # 4;A# #0$( 28 Net worth........................ ~ $4.  $(-~ $4 !A~ $42=�~ $4�~ $4�K~ $4'�~ $4oTA~ $ 4*_~ $ 4fܽ~ $ 4jFA~ $ 4F$ $0%( 29 Capital stock................... ~ %4� %(-~ %4P� A~ %42~ %4U0~ %4L~ %4��~ %4�%~ % 4A~ % 4`�A~ % 4�#A~ % 4dA% %0&( 30 Additional paid-in capital...... ~ &4" &(-~ &4<� A~ &4�:/~ &4A~ &4.b~ &4F+<~ &4bN~ & 4zn�~ & 4(A~ & 4'A~ & 4Dl2A& &0'( 31 Retained earnings............... ~ '4V!� '(-~ '4~ '4l~ '4CA~ '4@"HA~ '4�~ '4n6�~ ' 4hKJA~ ' 4�~ ' 46(|~ ' 4q' '0(( 32 Less: Cost of treasury stock... ~ (4>� ((-((*198,213((*186,700((*22,503((*609,061~ (4%~ (4p�A~ ( 4{ A~ ( 4@A~ ( 4 @~ ( 4@@( (0)( 33 Total receipts..................... ~ )4.]u~ )4d�/A~ )4�~ )4B�~ )4D)]A~ )4UA~ )46&~ )4�!�~ ) 4>J~ ) 4�~ ) 4dI?A~ ) 4Z) )0*( 34 Business receipts................ ~ *4.q�~ *4�:~ *4J\�~ *4�~ *4�~ *4RP~ *4~ *4?�~ * 4�/~ * 4�9�~ * 4h~ * 4EA* *0+( 35 Interest on govt. obligations.... ~ +4 @ +(*545 +(- +(*304 +(*~ +(@~ +4@~ +4@~ + 49@~ + 4@~ + 4Y@~ + 4�@+ +0,( 36 Net gain, noncapital assets...... ~ ,4"A,(*12,922,(*38,670,(*42,870,(*20,525~ ,4@~ ,4�A~ ,4z@~ , 4�@~ , 4 t@~ , 4@~ , 4A, ,0-( 37 Other receipts................... ~ -4n�~ -4@@~ -4a@~ -4@~ -4�A~ -4�:A~ -4މ&~ -4; A~ - 4NA~ - 4@~ - 4oA~ - 4� A- -0.( 38 Total deductions................... ~ .4zb~ .4(~ .4L ~ .4N~ .4~~ .4�!~ .4R$�~ .4�~ . 4)~ . 4}~ . 41q~ . 4ڈ�. .0/( 39 Cost of goods sold............... ~ /4K�/(*206,206~ /4�~ /4fO/( *1,905,308~ /4J2A~ /4�~ /4,~ / 4*t~ / 4�#~ / 4B'A~ / 43A/ /00( 40 Compensation of officers......... ~ 04.~ 04�)@~ 049A~ 04Ί@~ 04XFA~ 04�A~ 04~�*~ 04 A~ 0 40@A~ 0 4T@~ 0 4`@~ 0 4�@0 001( 41 Salaries and wages............... ~ 14�~ 14e@~ 14RH�~ 14�~ 14�o~ 144�-A~ 14P�~ 14&A~ 1 4~A~ 1 4A~ 1 4�0A~ 1 44�A1 102( 42 Repairs.......................... ~ 24%A~ 24|@~ 24@@~ 24@@~ 24@~ 24@~ 24A~ 24�@~ 2 4 @~ 2 4@~ 2 4S@~ 2 4`@2 203( 43 Bad debts........................ ~ 34@~ 3(P@3(*17,5123(*2,0133(*3,7713(*7,211~ 34@~ 34@~ 3 4@~ 3 4@~ 3 4M@~ 3 4B@3 304( 44 Rent paid on business property... ~ 44~ 44@~ 44%A~ 44A~ 44�'1A~ 444zA~ 44�.+~ 44F�,~ 4 4VA~ 4 4tA~ 4 4#@~ 4 41@4 405( 45 Taxes paid....................... ~ 54�`~ 54 @~ 54A~ 54A~ 54`�A~ 54`�A~ 540�A~ 54@~ 5 4�8@~ 5 4 K@~ 5 4@@~ 5 4@5 506( 46 Interest paid.................... ~ 64^A6(*10,976~ 64@~ 64@~ 64H@~ 64KA~ 64}A~ 64p @~ 6 4PV�@~ 6 4`@~ 6 4�@~ 6 40@6 607( 47 Amortization..................... ~ 74@ 7(*722~ 74,@ 7(*6697(*3,510~ 74@~ 74@@~ 74d@~ 7 4n@~ 7 4@~ 7 4@@~ 7 4@7 708( 48 Depreciation..................... ~ 84� �~ 84@@~ 84A~ 84@~ 84 �A~ 84A~ 84X1"A~ 84VA~ 8 4 �A~ 8 4(A~ 8 4XA~ 8 4aA8 809( 49 Depletion........................ ~ 9(L@ 9(- 9(- 9(- 9(- 9(- 9(- 9(-~ 9 (K@ 9 (-~ 9 (�? 9 (-9 90:( 50 Advertising...................... ~ :4iP~ :4@~ :40A~ :4A~ :4A~ :4A~ :4� A~ :4�;@~ : 4@~ : 4�@~ : 4R@~ : 4`C@: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4�<%;(*7,974~ ;4�6A;(*122,343;(*3,412;(*59,012~ ;4@~ ;4@2@~ ; 4@ @~ ; 4~@~ ; 4@~ ; 4@; ;0<( 52 Employee benefit programs........ ~ <4ޝ!<(*1,824~ <4�<@~ <4@@<(*71,033~ <4`e@~ <4�A~ <4x@~ < 4@B@~ < 4@~ < 4@@~ < 4@@< <0=( 53 Net loss, noncapital assets...... ~ =4�@~ =(@ =(- =(-=(*2,564~ =(�?=(*3,642=(*10,072~ = 4 @~ = 4J@~ = (@@~ = (G@= =0>( 54 Other deductions................. ~ >4#�~ >4v A~ >4�+�~ >4\4A~ >4n�5~ >4�1~ >4~ >4@�A~ > 4y'A~ > 4A~ > 4h A~ > 4]'A> >0?( 55 Total receipts less total deducts.. ~ ?4X~ ?4D�A~ ?4D�~ ?4b~ ?4� 8~ ?4.�9~ ?4�O~ ?48TA~ ? 4 ~ ? 4� A~ ? 4A~ ? 4A? ?@��@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....................... ~ C4v~ C48A~ C4�~ C4ZLc~ C4@D.A~ C4^"=~ C47A~ C4�5A~ C 4�1%~ C 4TGA~ C 4� A~ C 4AC C0D( 59 Deficit.......................... ~ D4.D(*10,709D(*9,962~ D4ɺ@~ D4@~ D4 @~ D4�A~ D40<@~ D 4@~ D 4@@~ 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~�~ F4L�$A~ F4�@~ F4�A~ F4A~ F4�1A~ F4T~ F4`�A~ F 4 A~ F 4`� A~ F 4� A~ F 4p�AF F0G( 61 Dividend income.................. ~ G4tA G(*192 G(*262 G(*886 G(*922~ G4�?@~ G4@~ G4*@~ G 4n@~ G 4:@~ G 4@~ G 4d@G G0H( 62 Interest income.................. ~ H4�H~ H4$@~ H4=@~ H49@~ H4pu@~ H4@~ H4cA~ H4PA~ H 48YA~ H 4PG@~ H 4E@~ H 4�@H H0I( 63 Royalty income (less loss)....... ~ I4@ I(- I(*42I(*21,529 I(-I(*2,879I(*14,502I(*1,021~ I 4@~ I 4'@~ I 4\@~ I (c@I I0J( 64 Net S-T capital gain (less loss). ~ J4X�A J(*146J(*2,231J(*27,459J(*4,734~ J4@~ J4@M@~ J4@~ J 4@~ J 4@~ J 4@~ J 4@J J0K( 65 Net L-T capital gain (less loss). ~ K4�2�~ K4(K(*8,570K(*123,927~ K4A~ K4P@~ K4f�:~ K4p@~ K 4�! A~ K 4 @~ K 4 @~ K 4�0@K K0L( 66 Other portfolio income (net)..... ~ L4@L( L(*35 L(- L(- L(-~ L4|@ L(*7~ L 4j@~ L ([@~ L (@~ L 4@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`�~ N4�@~ N4A~ N4_'A~ N4ܘ#A~ N4A~ N4�~ N4h7#A~ N 4h�A~ N 48DA~ N 4�A~ N 4 mAN N0O( 68 Net income....................... ~ O4"ʶ~ O4@~ O4�A~ O4'A~ O4�)~ O4C~ O4�~ O40�#A~ O 4TSA~ O 4A~ O 4A~ O 40)AO O0P( 69 Deficit.......................... ~ P4� AP(*12,510P(*4,738P(*17,302P(*38,615P(*19,071~ P4@~ P4@~ P 4�@~ P 4@~ P 4L@~ P 4@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�'A R(-R(*26,162R(*10,091R(*163,456R(*27,234~ R4P�AR(*63,000~ R 4@~ R 4Z@~ R 4~ R 4@R R0S( 71 Net income....................... ~ S4�! A S(-S(*26,162S(*10,091S(*163,456S(*27,234~ S4MAS(*69,531~ S 4`R@~ S 4l@~ S 4@~ S 4@S S0T( 72 Deficit.......................... ~ T4@ T(- T(- T(- T(- T(-T(*5,701T(*6,531~ T 4̧@~ T (b@~ T 4ʤ@~ T (I@T T0U( 73 Total income tax before credits.... ~ U4@U(U(*14,049 U(- U(-~ U(F@ U(*241U(*40,494~ U 4v@~ U 4@~ U 4@~ U 4@U U0V( 74 Built-in gains tax............... ~ V4f@V(V(*14,049 V(- V(-~ V(F@ V(*241V(*40,494~ V 4v@~ V 4@~ V (؋@~ V 4@V V0W$( 75 Excess net passive income tax.... ~ W)@m@ W)- W)- W)- W)- W)- W)- W)- W )-~ W )k@ 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_> ��" ������������������������������