\pgldobl00 f\l0 K)JB  dMbP?_"*+%1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1' Courier Newrier New 04d<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 #|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 --   - . .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.................. ~ 4A~ 4@~ 4/A~ 40@~ 4@@~ 4@@~ 4/@~ 4&@~ 4@~ (H@~ (@k@~ (\@  0 ( 2 Total assets....................... ~ 4ʱ(B (-~ 4n>L~ 4~ 4~ 4*~ 4* ~ 4 ~ 4 ~ 4l3~ 4F~~ 4T  0 ( 3 Cash............................. ~ 4 (-~ 4,A~ 49@A~ 4ƈ~ 4'~ 4\~ 4PA~ 4^@~ 4Ӡ~ 4Q~ 4  0 ( 4 Notes and accounts receivable.... ~ 4) (-~ 4XA~ 4S~ 4Z+h~ 4P=A~ 4~ 4)~ 4V~ 4j~ 4~ 4  0 ( 5 Less: Allowance for bad debts. ~ 4 A (- (*14,867 (*30,195 (*2,012 (*50,876~ 4C@~ 4Z@~ 4`@~ 4:@~ 4@~ 4m@  0( 6 Inventories...................... ~ 4 (-~ 4zJ~ 4&\+~ 4O~ 4J~ 4=~ 4b~  4/~  4ygA~  4O~  4 0( 7 U.S. govt. obligations, total.... ~ 4G@ (-(*6,652(*4,421 (- (-(*14,005 (-~  4o@~  4@~  4@~  4@ 0( 8 Tax-exempt securities............ ~ 4A (- (- (-(*9,980 (-~ (@(*3,937~  4@~  4`@~  4.@~  4I@ 0( 9 Other current assets............. ~ 4Zq (-~ 4+@~ 4hAA~ 4A~ 4A~ 4Z&w~ 4\2A~  4jY~  4vE4~  4X&~  4.N 0( 10 Loans to shareholders............ ~ 4 (-~ 4A~ 48A~ 4? A~ 4%A~ 4B*A~ 4 A~  4!A~  4M A~  4@~@~  4@ 0( 11 Mortgage and real estate loans... ~ 46*# (- (-(*14,703 (-(*85,426(*356,545(*2,023~  4`_@~  4@~  4@~  4@ 0( 12 Other investments................ ~ 4 (-~ 4`@~ 4x A~ 4XA~ 4|A~ 483A~ 4+A~  4g~  4E>~  4~|G~  4  0( 13 Depreciable assets............... ~ 4 (-~ 4^ ~ 4.ƭ~ 4x\A~ 4e~ 4m~ 4R~  4j?~  4\A~  4G~  4F 0( 14 Less: Accumulated depreciation ~ 4:  (-~ 4J~ 4f~ 4~{~ 4a~ 4~ 42x~  4^~  4zp~  4F~  4b 0( 15 Depletable assets................ ~ 4f@ (- (*142 (- (- (-~ (? (-~  4h@~  ( n@~  (@@~  (@ 0( 16 Less: Accumulated depletion... ~ 4@ (- (*28 (- (- (-~ (? (-~  4(@~  ( f@  (-~  (@ 0( 17 Land............................. ~ 4UZA (-(*47,403~ 4A@~ 4xjA~ 4*~ 4Z7^~ 4(~  4=~  4f,~  4 A~  4JN 0( 18 Intangible assets (Amortizable).. ~ 4" (-~ 4"A~ 4 P~ 4q~ 45A~ 4Dm8A~ 4Đ1A~  4fL~  4(~  4vA~  4dd 0( 19 Less: Accumulated amortization ~ 4>f (-~ 4\A~ 4ZA~ 4)~ 4 A~ 4* A~ 4tFA~  4 A~  4ȼA~  40)@~  4A 0( 20 Other assets..................... ~ 4b (-~ 4@~ 4A~ 4D A~ 4hUA~ 4t&A~ 4A~  4^$~  4A~  4>A~  4(C 0( 21 Total liabilities.................. ~ 4ʱ(B (-~ 4n>L~ 4~ 4~ 4*~ 4* ~ 4 ~  4 ~  4l3~  4F~~  4T 0( 22 Accounts payable................. ~ 4b~ (-~ 4&A~ 4~~ 40mIA~ 4ն~ 4 ~ 4::~  4 ~  4Ș~  4;d~  4~.$ 0( 23 Mort, notes, and bonds under 1 yr ~ 4^RX (-~ 4J+~ 4T0A~ 4zB~ 4*\~ 4rp~ 4~  4nZ~  4~  4dNA~  4Z   l@!@"@#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@=@> @?@0 ( 24 Other current liabilities........ ~ 4 (-~ 44A~ 4|>~ 4ޔ<~ 40A~ 4~t ~ 4ć~ 4~ 4s~ 4R~ 4jg  0!( 25 Loans from shareholders.......... ~ !4. !(-~ !44JA~ !4F~ !4.~ !4~ !4~ !46c~ ! 4~ ! 4(.A~ ! 4A~ ! 4N A! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4b  "(-~ "44A~ "4#~ "42|~ "49~ "4X~ "4^~ " 4X~ " 4Nm~ " 4~ " 4>e" "0#( 27 Other liabilities................ ~ #4? #(-~ #4A~ #4PA~ #4 A~ #40A~ #4@~ #4~$~ # 4|A~ # 4sA~ # 48A~ # 4h-A# #0$( 28 Net worth........................ ~ $4J $(-~ $4 ~ $46F~ $4Z~ $40 RA~ $4¼~ $4)~ $ 4*C~ $ 4Ԏ~ $ 4~ $ 4v@$ $0%( 29 Capital stock................... ~ %4 %(-~ %4E~ %4\8A~ %4 ,A~ %4x8A~ %48@A~ %4]~ % 4q3A~ % 4A~ % 4`@~ % 4oA% %0&( 30 Additional paid-in capital...... ~ &4R1 &(-~ &4~ &4v~ &4FvN~ &4-~ &48~ &4Pj~ & 4~ & 4t(A~ & 4#A~ & 4 *A& &0'( 31 Retained earnings-unappropriated ~ '4BH  '(-~ '4.~ '4)F~ '4:f~ '4#A~ '4y~ '4:~ ' 4J*~ ' 4Q~ ' 42~ ' 4' '0(( 32 Less: Cost of treasury stock... ~ (4j ((-~ (4y A~ (4`A((*294,777~ (4A~ (4I)A~ (4-"A~ ( 4D!~ ( 4@y A~ ( 4(A~ ( 4/A( (0)( 33 Total receipts..................... )4A~ )4V~ )4f ~ )4Z ~ )4v~ )4zr~ )46T*~ )4Ren%~ ) 41~ ) 4~ ) 4&T ~ ) 4) )0*( 34 Business receipts................ *4A~ *4P~ *4œ ~ *4*e ~ *4*'~ *4 T~ *4*~ *4$~ * 4K1~ * 4~~ * 4r ~ * 4 r* *0+( 35 Interest on govt. obligations.... ~ +4W@~ +(D@ +(-+(*9,857~ +(? +(*180~ +4>@~ +4@~ + 4(@~ + 42@~ + 4H@~ + 4Y@+ +0,( 36 Net gain, noncapital assets...... ~ ,4$~ ,47@,(*26,205,(*33,845,(*15,597~ ,41@~ ,4A@~ ,4@~ , 4 i@~ , 4@3@~ , 4pX@~ , 4@, ,0-( 37 Other receipts................... ~ -4 4~ -4P@~ -44TA~ -4X"A~ -4A~ -4A~ -4?A~ -4.T~ - 4n~ - 4fI\~ - 4j'A~ - 4jA- -0.( 38 Total deductions................... .4eA~ .46T_~ .4 ~ .4*b ~ .4Ҥ~ .4~ .4b)~ .4$~ . 4FiE1~ . 4R~ . 4{ ~ . 4*b. .0/( 39 Cost of goods sold............... /4]A~ /4OMA~ /4~ /4) ~ /4C ~ /498 ~ /4n ~ /42~ / 4)~ / 4"~ / 4n0G~ / 4q / /00( 40 Compensation of officers......... ~ 04քs~ 04HA~ 04\~ 04‡~ 04b>A~ 04F9`~ 04ԥ~ 04nY~ 0 4\8A~ 0 4V"~ 0 4x7A~ 0 4|A0 001( 41 Salaries and wages............... ~ 14d~ 14A~ 14~ 14z1~ 14#~ 14K~ 14&I~ 14UO~ 1 4~ 1 4DX~ 1 4~ 1 4 S1 102( 42 Repairs.......................... ~ 24U~ 24n@~ 24I A~ 24A~ 24A~ 24,A~ 24*~ 24PA~ 2 4# A~ 2 44A~ 2 48mA~ 2 4<A2 203( 43 Bad debts........................ ~ 34M;~ 34@~ 34@~ 34 p@~ 34 @~ 340@~ 34A~ 34A~ 3 4'@~ 3 4dA~ 3 4]@~ 3 42@3 304( 44 Rent paid on business property... ~ 44 L~ 44A~ 44r~ 442~ 44ʽ~ 44k~ 44Z~ 44~ 4 4~ 4 4D~ 4 4+~ 4 4O4 405( 45 Taxes paid....................... ~ 54)~ 54@~ 54(A~ 54W~ 54L~ 54X1A~ 54E~ 54*c~ 5 4nhn~ 5 4p3~ 5 40!A~ 5 4XE5 506( 46 Interest paid.................... ~ 64M7~ 64@~ 64 A~ 64A~ 64 A~ 6483A~ 64a1A~ 64&+~ 6 4 (A~ 6 4A~ 6 48s A~ 6 4DA6 607( 47 Amortization..................... ~ 74~2~ 74@Q@~ 74@~ 74p@~ 740{@~ 74s@~ 74pj@~ 74@~ 7 4@@~ 7 4 @~ 7 4@~ 7 4@7 708( 48 Depreciation..................... ~ 849~ 84@~ 84tgA~ 84$~ 84>f"~ 84v*~ 84S~ 84/A~ 8 4CN~ 8 4'A~ 8 4X%~ 8 4*u8 809( 49 Depletion........................ ~ 94@ 9(- 9(- 9(- 9(- 9(- 9(- 9(-~ 9 (d@~ 9 ($@ 9 (-~ 9 4@9 90:( 50 Advertising...................... ~ :4~ :4d@~ :41A~ :4*~ :4j$A~ :4_#A~ :4F~ :4A~ : 4@~ : 4M~ : 4'A~ : 440A: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4ޝG~ ;(`r@~ ;4@~ ;4@~ ;4@~ ;4?@~ ;4A~ ;4P0A~ ; 4A~ ; 4pU@~ ; 4@@~ ; 4xA; ;0<( 52 Employee benefit programs........ ~ <4n)~ <4@~ <4#@~ <4VA~ <4A~ <4 A~ <4V:~ <4$(A~ < 4@/A~ < 4A~ < 4x)A~ < 4"A< <0=( 53 Net loss, noncapital assets...... ~ =4A=(*10,599=(*25,547=(*44,713=(*61,342=(*7,160=(*6,452~ =45@~ = 4o@~ = 4@~ = 4<@~ = 4@= =0>( 54 Other deductions................. ~ >4vr1 ~ >4$)A~ >4nQ~ >46<1~ >4&~ >4e~ >4Щ`A~ >4:N~ > 4~~ > 4~ > 4fv~ > 4T> >0?( 55 Total receipts less total deducts.. ~ ?4bW~ ?4~ ?4lA~ ?4!A~ ?4l~ ?4a~ ?4ַ~ ?4~ ? 4vV~ ? 417A~ ? 4:~ ? 4? ?@@AG@B@C@D@EG@F@G@H@IG@J@K@L@M@N@O@P@QG@R@S @T@UG@V@W@X@Y@Z@[0@( Total 1120S corporation net @( @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4~ A4@~ A4`YA~ A4l%A~ A4p~ A4z~ A4SA~ A4f~ A 4$~ A 4jzh~ A 4z`A~ A 4Z>A A0B( 57 1120S corporation net income..... ~ B4F~ B4A~ B4)d~ B4t~ F4_1~ F4n~ F 4Q~ F 46g~ F 4.@~ F 4F F0G( 61 Deficit.......................... ~ G4*~ G4DA~ G4N~ G4X4A~ G4&e%~ G4}!A~ G4F~ G4`!A~ G 45A~ G 48=A~ G 4@~ G 4AG G0H( Portfolio income (less deficit) H( H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4 ~ I4xNA~ I4@@~ I4Л@~ I4q@~ I4v!~ I4E~ I4pA~ I 4A~ I 48:A~ I 4@~ I 4AI I0J( 63 Dividend income.................. ~ J4@ J(*157 J(*53 J(*859J(*2,337~ J4Ϳ@~ J4Q@~ J4@~ J 4@~ J 4ܮ@~ J 4@~ J 4N@J J0K( 64 Interest income.................. ~ K4-~ K4@~ K4&@~ K4@~ K4@~ K4z@~ K4{@~ K4O@~ K 4xA~ K 4@~ K 4@}@~ K 4AK K0L( 65 Royalty income (less loss)....... ~ L4@~ L4P@L(*6,039 L(- L(- L(- L(*6 L(*16~ L 4@~ L (@~ L 4`@~ L 4@L L0M( 66 Net S-T capital gain (less loss). ~ M4`@~ M(=M(*18,040 M(*-1M( M(*111~ M44@~ M4@~ M 4|~ M (@~ M 4@~ M 4@M M0N( 67 Net L-T capital gain (less loss). ~ N4zN(*153,976N(*14,386N(*122,332N(*-1,119~ N44A~ N4|d.A~ N4C@~ N 4@~ N 4(@~ N 4@~ N 4@N N0O( 68 Other portfolio income (net)..... ~ O(@W@ O(- O(*-507 O(- O(- O(- O(- O(*8~ O (@~ O (~ O (PO (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 AQ(*3,500Q(*15,835Q(*-3,091Q(*47,599Q(*15,684~ Q4@~ Q(z~ Q 4 >@~ Q 4X@~ Q 4@~ Q 4@Q Q0R( 70 Net income....................... ~ R4=AR(*3,500R(*15,835R(*3,168R(*57,302R(*17,966~ R4\@R(*4,172~ R 4 @~ R 4@~ R 4|@~ R 4]@R R0S( 71 Deficit.......................... ~ S4@@ S(- S(-S(*6,259S(*9,703S(*2,282S(*15,312S(*4,603~ S 4p@~ S ( }@~ S 4̕@~ S (@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(- U(- U(- U(-U(*3,756U(*4,252 U(*911~ U 4t@~ U 4@~ U 4@~ U 43@U U0V( 73 Net income....................... ~ V4 q@ V(- V(- V(- V(-V(*3,756V(*4,580V(*1,245~ V 4@~ V 4۲@~ V 49@~ V 4q@V V0W( 74 Deficit.......................... ~ W4@ W(- W(- W(- W(- W(- W(*329 W(*334~ W 4f@~ W 4@~ W 4д@~ W 4@W W0X( 75 Total income tax before credits.... ~ X4D@X(*1,650 X(- X(- X(- X(*94X(*17,605X(*1,540~ X 4Ӽ@~ X 4@~ X 4R@~ X 4 @X X0Y( 76 Built-in gains tax............... ~ Y4@~ Y(@ Y(- Y(- Y(- Y(*94Y(*17,605~ Y(Z@~ Y 4@~ Y 4@~ Y (؂@~ Y 4@Y Y0Z$( 77 Excess net passive income tax....  Z)*650 Z)- Z)- Z)- Z)- Z)- Z)- Z)*386~ Z )p@ Z )- Z )- Z )-Z Zg[3_Source: IRS, 2003 Corporation Source Book of Statistics of Income. Publication 1053. May 2006.[[[[[[[[[ [ [ [ [ [= x_7_> "