\plxalto00 f\l@ ])JB  dMbP?_"*+%1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1' Courier Newrier New 0$zd<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 #|AC #|AU} (}  }  \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 --   - . .0 U. S. Total/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@ ALL INDUSTRIES" "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~ 4aA~ 4_:A~ 4?A~ 48A~ 4ȕA~ 4pA~ 4V@~ 4@ @~ 4ȴ@~ 4 @~ 4@  0 ( 2 Total assets.......................  41JA (-~ 4j$ ~ 4:6~ 4*~ 4$~ 4$(e~ 42$2~ 4B~ 4*:+~ 4 ( 4xA  0 ( 3 Cash............................. ~ 4qJ8 (-~ 4V~ 4~ 4~/~ 4֝~ 4? ~ 4FuA~ 4FT~ 4#~ 4W~ 4ε  0 ( 4 Notes and accounts receivable.... ~ 4ry3u (-~ 4f~ 4b,~ 4i~ 4'~ 4~ 4œ ~ 4t~ 4ҭ ~ 4$ ~ 4vE+  0 ( 5 Less: Allowance for bad debts. ~ 46: (-~ 4!@~ 4A~ 4T@~ 4(A~ 4 _,A~ 4xA~ 4.A~ 4H<,A~ 4&2~ 4`FA  0( 6 Inventories...................... ~ 4I (-~ 4~ 4?~ 4F~ 4~ 4j~ 4 ~  4V~  4V}~  4~  4 ? 0( 7 U.S. govt. obligations, total.... ~ 4ƻ  (-(*13,878(*6,935(*37,471(*94,081~ 4'A~ 4 A~  4<#3A~  4$JA~  4V~  4_ 0( 8 Tax-exempt securities............ ~ 4v (- (*609(*30,085(*168,638(*69,274~ 4&A~ 4h1A~  42=~  4`Q~  4<~  4`u 0( 9 Other current assets............. ~ 4 (-~ 4z~ 4~ 46~ 41~ 4.~ 4k~  4Rl~  4F~  4Tc~  4R q 0( 10 Loans to shareholders............ ~ 4  (-~ 4$~ 4~ 4~h~ 4X~ 4ބ~ 4r~  4v~  4> s~  4X~  4|c 0( 11 Mortgage and real estate loans... ~ 4v  (-~ 4u@~ 4A~ 4sA~ 44A~ 4MA~ 4.~  4jл~  4~  4~  4Vߊ 0( 12 Other investments................ ~ 4j7 (-~ 4fO~ 4~ 4N8~ 4~ 4G~ 4z,~  4bWk~  4V~  4.W~  48 0( 13 Depreciable assets............... 4%*8A (-~ 4jT~ 4z~ 4P~ 4v~ 4Ҟ5;~ 4.a{~  4[~  4z~  4z ~  4V& 0( 14 Less: Accumulated depreciation 4A (-~ 4": ~ 4ދ ~ 4 ~ 4Z'1 ~ 4*ht ~ 4 ~  42~  4zj ~  4"~  4  0( 15 Depletable assets................ ~ 4f (-~ 4@~ 4kA(*298,887~ 4A~ 40~ 4F%~  4N-A~  4^21~  4+A~  4d 0( 16 Less: Accumulated depletion... ~ 4v (-(*9,951(*239,455(*48,036~ 4tA~ 4@ A~ 4 A~  4LA~  4A~  4A~  4z 0( 17 Land............................. ~ 4@ (-~ 4)A~ 4׬~ 4RU~ 4vd~ 4~ 4M~  4Z@~  4K~  4LA~  40`A 0( 18 Intangible assets (Amortizable).. ~ 4IC (-~ 4~ 41~ 4Lw~ 4~ 4?~ 4.$~  4*E~  4JQ*~  4Z~  4P 0( 19 Less: Accumulated amortization ~ 4@. (-~ 4~ 4~ 4zx~ 4ʘ~ 4F8~ 4~  4z{~  42W~  4~Q~  4 0( 20 Other assets..................... ~ 4M  (-~ 4$A~ 4/A~ 4w~ 4,=A~ 4~ 4jA~  4b:~  4~  4~  4*|: 0( 21 Total liabilities.................. 41JA (-~ 4j$ ~ 4:6~ 4*~ 4$~ 4$(e~ 42$2~  4B~  4*:+~  4 ( 4xA 0( 22 Accounts payable................. ~ 4B0= (-~ 4/~ 4I~ 4.n~ 4X/~ 4~G ~ 4~  4z~  4e~  4Y~  4Ƕ 0( 23 Mort, notes, and bonds under 1 yr ~ 42> (-~ 4>~ 4*~ 4 9aA~ 4~ 4Q ~ 4 ~  4 ~  4i~  4V~  4   l@!@"@#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@0 ( 24 Other current liabilities........ ~ 4^ Y (-~ 4~ 4~ 4F~ 4&4~ 4_~ 4J'~ 4nN~ 4e`~ 4: ~ 4Η3/  0!( 25 Loans from shareholders.......... ~ !4- !(-~ !4U~ !4N~ !4%~ !4H~ !4n ~ !4 ~ ! 4E~ ! 4~ ! 4~ ! 4z! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "44g "(-~ "4R~ "4Zxh~ "42Ӳ~ "4(3 ~ "4V~ "4а ~ " 4W ~ " 4{~ " 4vA~ " 4 Z" "0#( 27 Other liabilities................ ~ #4҄ #(-~ #4qP~ #46c_~ #4d|~ #4R~ #4r~ #4bV~ # 4k~ # 4[<~ # 4z;~ # 4r# #0$( 28 Net worth........................ $4A $(-~ $4ޗ~ $46/~ $4l~ $4~ $4=~ $4zt~ $ 4A~ $ 41~ $ 4 ~ $ 4A($ $0%( 29 Capital stock................... ~ %4  %(-~ %4-~ %42~ %4Nߜ~ %4~ %4K~ %4ޯs~ % 4Zp~ % 4f~ % 4n~ % 4 % %0&( 30 Additional paid-in capital...... ~ &4r5 &(-~ &4*~ &4b~ &4!~ &4^c~ &4 ~ &40~ & 46+~ & 4ڙf~ & 4h~ & 4H= & &0'( 31 Retained earnings-unappropriated ~ '4jfQ '(-~ '4,~ '4l~ '4C~ '4m~ '4ط ~ '4 ~ ' 4r~ ' 4 ~ ' 4 ~ ' 4: ' '0(( 32 Less: Cost of treasury stock... ~ (4ޗ ((-~ (4ī>A~ (46 l~ (4p~ (40~ (4~ (4~ ( 4Ji~ ( 4R֧~ ( 4Jw~ ( 4f+( (0)( 33 Total receipts..................... )4A~ )4NZ ~ )4f`~ )4G~ )46pSM~ )4RyF)4zA~ )4Fo) 4HA~ ) 4.L~ ) 44~ ) 4NZa) )0*( 34 Business receipts................ *4A~ *4^c ~ *4bXv_~ *4~F~ *4^L~ *4&-E*4aaA~ *4vm* 4OA~ * 4*qK~ * 4>d3~ * 4n\* *0+( 35 Interest on govt. obligations.... ~ +4:6S~ +4`@~ +4@~ +4"@~ +4@~ +4@~ +4@~ +4\@~ + 4@=@~ + 4@~ + 4pMA~ + 4hO%A+ +0,( 36 Net gain, noncapital assets...... ~ ,4Ϊ~ ,4*~ ,4"~ ,4A~ ,4|;A~ ,4A~ ,4$V/A~ ,4pA~ , 4N)~ , 4\A~ , 4d7A~ , 4g, ,0-( 37 Other receipts................... ~ -4r1~ -4\I#A~ -4~ -4xEA~ -4ʛ~ -4^~ -4*x~ -4v~ - 4./7~ - 4./~ - 4$~ - 4 - -0.( 38 Total deductions................... .4< ?A~ .4" ~ .4YY~ .4ҧe7~ / 49$~ / 4y@/ /00( 40 Compensation of officers......... ~ 04ʮS&~ 04:i~ 04^]( ~ 04~ 04n~ 04f3h~ 04Z~ 04G~ 0 4jgT~ 0 4$~ 0 43~ 0 40 001( 41 Salaries and wages............... ~ 149k~ 14P~ 14*$~ 14~ ~ 14r ~ 14{y ~ 14Y~ 14 ~ 1 4jT ~ 1 4,~ 1 4p~ 1 4W1 102( 42 Repairs.......................... ~ 24V@~ 24%~ 24~ 24VS~ 24$}BA~ 24%BA~ 24]~ 24~ 2 4~ 2 4P~ 2 4<~ 2 4 x2 203( 43 Bad debts........................ ~ 34*$~ 34ȐA~ 34^c#~ 34D7!A~ 345A~ 34'~ 34&o~ 341~ 3 4J.A~ 3 4x%A~ 3 4̚ A~ 3 4eT3 304( 44 Rent paid on business property... ~ 44~ 44hBA~ 44f~ 44~ 44~ 44C{~ 44Z~ 44n>~ 4 4XA~ 4 4Z4~ 4 4r~ 4 4J4 405( 45 Taxes paid....................... ~ 54E~ 54xK~ 54?~ 54~ 54.~ 54+~ 54~3K~ 54~ 5 4;~ 5 4.~ 5 4JA~ 5 4g5 506( 46 Interest paid.................... ~ 64~ 64n%~ 64zx~ 64:u~ 64~ 64DA~ 64<~ 64N~ 6 42Q~ 6 4~ 6 4Ȕ~ 6 466 607( 47 Amortization..................... ~ 74v\~ 74@~ 74<A~ 74tA~ 74̐A~ 74A~ 74*/A~ 74/A~ 7 44l!A~ 7 4A~ 7 4vA~ 7 40A7 708( 48 Depreciation..................... ~ 84N؜~ 846:~ 84z~ 846)Q~ 84Od~ 84gXA~ 844~ 84~~ 8 4o~ 8 4E~ 8 4RA~ 8 4>i8 809( 49 Depletion........................ ~ 94$A9(*15,5739(*4,215 9(*3979(*2,2199(*5,193~ 94@~ 94@~ 9 4:@~ 9 4@~ 9 4u@~ 9 4@@9 90:( 50 Advertising...................... ~ :4* ~ :4<%A~ :4~ :4v~ :4~ :46d~ :4z~ :4~ : 4v@~ : 4>S~ : 4ۅ~ : 4t: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4I~ ;4@e A~ ;4XLA~ ;4.w~ ;4N~ ;46A~ ;4~ ;4*O~ ; 4k7A~ ; 4.6~ ; 4VR.~ ; 4Hh; ;0<( 52 Employee benefit programs........ ~ <4 !{ ~ <4lOA~ <4e~ <4~ <4.~ <4f~ <4x~ <4 j~ < 4N0W~ < 4~ < 4.~ < 4Y< <0=( 53 Net loss, noncapital assets...... ~ =4D+A~ =4Pv A~ =4@~ =4P@~ =4Pw@~ =4@~ =4n@~ =4Q@~ = 4`A~ = 4}@~ = 4`Y@~ = 4@= =0>( 54 Other deductions................. ~ >42 b~ >4t~ >4m~ >4J ~ >4 ~ >46~ >42~ >4A~ > 4^B~ > 48~ > 4@~ > 45a> >0?( 55 Total receipts less total deducts.. ~ ?4K;)~ ?4kS~ ?4f~ ?4N_o~ ?4~ ?4~ ?4v~ ?4&m ~ ? 4F~ ? 4 ~ ? 4p~ ? 4'? ?@@AG@B@C@D@EG@F@G@H@IG@J@K@L@M@N@O@P@QG@R@S@T@UG@V@W@X@Y@Z@[0@( Total 1120S corporation net @( @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A42~ A4yk~ A4CO~ A4n~ A4BXl~ A4~ A4O~ A4*u~ A 4E*~ A 4/~ A 4Jۑ~ A 4VA A0B( 57 1120S corporation net income..... ~ B4J%A~ B4:h~ B4/ ~ B4{~ B4>T~ B4Rr ~ B4 ~ B4:~ B 4:~ B 4~ B 4/~ B 4B B0C( 58 1120S corporation deficit........ ~ C4v ~ C4.~ C4~ C4^~ C4[~ C4]p~ C4:'~ C4\PA~ C 42P~ C 4܏~ C 4(3A~ C 4FuC 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............... ~ E4b(~ E43A~ E4֡~ E4&m~ E4Z~ E4~ E4& ~ E4~ E 4X@~ E 4z~ E 4& ~ E 4sE E0F( 60 Net income....................... ~ F4xm8~ F4T{VA~ F4Ư ~ F4~ F4m~ F4G~ F45 ~ F4?~ F 46_k~ F 4֬/~ F 4Zq~ F 4~=F F0G( 61 Deficit.......................... ~ G4b~ G42~ G4 ~ G4^~ G4Z.X~ G4m~ G4r K~ G4b~ G 4+~ G 4^~ G 4:d~ G 4G G0H( Portfolio income (less deficit) H( H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4bJ~ I4 ~ I44~ I4L-A~ I4&d3~ I4x~ I4zt~ I4P@A~ I 4e~ I 4f~ I 4T^=A~ I 4fHI I0J( 63 Dividend income.................. ~ J4dnCA~ J4@~ J4@~ J4@~ J4@~ J4@~ J4x A~ J4@~ J 48 A~ J 4hA~ J 4@A~ J 4ZXJ J0K( 64 Interest income.................. ~ K4b~ K4A~ K43A~ K4h A~ K4sA~ K4A~ K4ze~ K4n 8~ K 4Z1A~ K 4pf'A~ K 4T(~ K 4TxK K0L( 65 Royalty income (less loss)....... ~ L4`%'A~ L4@~ L4@L(*22,696L(*12,484~ L4@~ L4A~ L4@~ L 4N@~ L 4@~ L 4`@~ L 4BAL L0M( 66 Net S-T capital gain (less loss). ~ M4:yb~ M4w@~ M43@~ M4M@~ M4$@~ M4<A~ M4A~ M4 A~ M 4fA~ M 4N@~ M 4% A~ M 4@]AM M0N( 67 Net L-T capital gain (less loss). ~ N4F~ N4 ~ N4`A~ N4z)~ N4`~A~ N45A~ N4j~ N4 G-A~ N 477A~ N 4H~ N 4H;)A~ N 4GN N0O( 68 Other portfolio income (net)..... ~ O4ЫA~ O407@O(*1,561 O(*315 O(-O(*38,432~ O4 j@~ O4@~ O 4b@~ O 4@~ O 4@~ O 4hAO O0P( Real estate rental net income P( P(P(P(P(P(P(P(P (P (P (P (P P0Q( 69 (less deficit)................. ~ Q4~ Q4~ Q4nA~ Q4"A~ Q4A~ Q4/A~ Q4Ju~ Q4%~ Q 4#A~ Q 4hrA~ Q 4 A~ Q 4@m$AQ Q0R( 70 Net income....................... ~ R4~F~ R4P@~ R4LA~ R4s*A~ R48(A~ R4Q~ R4~ R4(*A~ R 4*A~ R 4\7A~ R 4 nA~ R 4/R R0S( 71 Deficit.......................... ~ S4?EA~ S4t@~ S40@~ S4` A~ S4GA~ S4A~ S40'A~ S4A~ S 4`A~ S 4PA~ S 4`@~ S 4pa@S S0T( Net income (less deficit) from T( T(T(T(T(T(T(T(T (T (T (T (T T0U( 72 other rental activity.......... ~ U4NN~ V4$@~ V4h@~ V4p@V(*194,597~ V4C@~ V4<A~ V4@~ V 4`@~ V 4 @~ V 4@~ V 4@V V0W( 74 Deficit.......................... ~ W4ƙ+W(*12,211 W(*199W(*6,263W(*24,041W(*41,286~ W4A~ W40A~ W 4p@~ W 4+@~ W 4@~ W 4/AW W0X( 75 Total income tax before credits.... ~ X4?A~ X4@@X(*17,026 X(- X(*343X(*3,007~ X4@5@~ X4 l@~ X 4@~ X 4@@~ X 4@~ X 4s@X X0Y( 76 Built-in gains tax............... ~ Y4dA~ Y4@Y(*16,641 Y(- Y(*343Y(*1,703~ Y4E@~ Y4@~ Y 4@u@~ Y 4@~ Y 49@~ Y 4@Y Y0Z$( 77 Excess net passive income tax.... ~ Z5M@ Z)- Z)- Z)- Z)-Z)*1,304 Z)- Z)*386~ Z 5@~ Z )@~ Z )H@~ Z )p@Z Zg[3_Source: IRS, 2003 Corporation Source Book of Statistics of Income. Publication 1053. May 2006.[[[[[[[[[ [ [ [ [ [= x_7_> "