\pgldobl00 fYl0 V)DJB  dMbP?_"*+%1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1' Courier Newrier New 0<d<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} (}  }  Yl@@@@ @@@@ @ @ @ @ @@@@@@@@@@@@@@@@@@@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~ 43~ 4* ~ 4~ 469~ 4#~ 4޴~ 4fq  0 ( 3 Cash............................. ~ 4  (-~ 4C~ 4N~ 4H8A~ 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~ 47@~ 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~  4A~  4oLA 0( 10 Loans to shareholders............ ~ 4?L (-~ 4A~ 4A~ 4A~ 4D0~ 42_~ 4!)~  4(A~  4ؔA~  4A~  4PA 0( 11 Mortgage and real estate loans... ~ 4q (-(*11,044(*47,691(*460,987~ 4A~ 4N>(*248,873~  4p&!A~  4A~  4~@~  4`@ 0( 12 Other investments................ ~ 4m (-~ 4P@~ 4"A~ 4X&A~ 47/~ 4n~ 4N~  4X~  4p~  4 "~  4Ֆ 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~ 4ً~ 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#% (-~ 4pA~ 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~ 40A~ 4nq$~ 4;A~  4cA~  4$A~  43A~  4)A 0( 21 Total liabilities.................. ~ 4(v% (-~ 4r~ 4"T~ 4F1~ 43~ 4* ~ 4~  469~  4#~  4޴~  4fq 0( 22 Accounts payable................. ~ 4 (-~ 4p:@~ 4@~ 4(A~ 4hDA~ 4-F~ 4xA~  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@!@"@#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@0 ( 24 Other current liabilities........ ~ 4F( (-~ 4,!A~ 4@>A~ 4A~ 4p"A~ 45A~ 4D,0A~ 4'A~ 4 jA~ 4A~ 4A  0!( 25 Loans from shareholders.......... ~ !4- !(-~ !4h*A~ !4 )A~ !4S~ !4.~ !4v3~ !4@T%A~ ! 4E~ ! 4 A~ ! 4A~ ! 4 @! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4Ĺ "(-~ "4%~ "4@.A~ "4Ru~ "4v~ "4F~ "4%~ " 46~ " 4~ " 4DA~ " 4>" "0#( 27 Other liabilities................ ~ #4N #(-~ #4*@~ #4@~ #4DAA~ #4 A~ #4 >A~ #43A~ # 4(+~ # 48!A~ # 4dL#A~ # 4;A# #0$( 28 Net worth........................ ~ $4.  $(-~ $4 !A~ $42=~ $4~ $4K~ $4'~ $4oTA~ $ 4*_~ $ 4fܽ~ $ 4jFA~ $ 4F$ $0%( 29 Capital stock................... ~ %4 %(-~ %4P A~ %42~ %4U0~ %4L~ %4~ %4%~ % 4A~ % 4`A~ % 4#A~ % 4dA% %0&( 30 Additional paid-in capital...... ~ &4" &(-~ &4< A~ &4:/~ &4A~ &4.b~ &4F+<~ &4bN~ & 4zn~ & 4(A~ & 4'A~ & 4Dl2A& &0'( 31 Retained earnings............... ~ '4V! '(-~ '4~ '4l~ '4CA~ '4@"HA~ '4~ '4n6~ ' 4hKJA~ ' 4~ ' 46(|~ ' 4q' '0(( 32 Less: Cost of treasury stock... ~ (4> ((-((*198,213((*186,700((*22,503((*609,061~ (4%~ (4pA~ ( 4{ A~ ( 4@A~ ( 4 @~ ( 4@@( (0)( 33 Total receipts..................... ~ )4.]u~ )4d/A~ )4~ )4B~ )4D)]A~ )4UA~ )46&~ )4!~ ) 4>J~ ) 4~ ) 4dI?A~ ) 4Z) )0*( 34 Business receipts................ ~ *4.q~ *4:~ *4J\~ *4~ *4~ *4RP~ *4~ *4?~ * 4/~ * 49~ * 4h~ * 4EA* *0+( 35 Interest on govt. obligations.... ~ +4 @ +(*545 +(- +(*304 +(*~ +(@~ +4@~ +4@~ + 49@~ + 4@~ + 4Y@~ + 4@+ +0,( 36 Net gain, noncapital assets...... ~ ,4"A,(*12,922,(*38,670,(*42,870,(*20,525~ ,4@~ ,4A~ ,4z@~ , 4@~ , 4 t@~ , 4@~ , 4A, ,0-( 37 Other receipts................... ~ -4n~ -4@@~ -4a@~ -4@~ -4A~ -4:A~ -4މ&~ -4; A~ - 4NA~ - 4@~ - 4oA~ - 4 A- -0.( 38 Total deductions................... ~ .4zb~ .4(~ .4L ~ .4N~ .4~~ .4!~ .4R$~ .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~ 04A~ 04~*~ 04 A~ 0 40@A~ 0 4T@~ 0 4`@~ 0 4@0 001( 41 Salaries and wages............... ~ 14~ 14e@~ 14RH~ 14~ 14o~ 144-A~ 14P~ 14&A~ 1 4~A~ 1 4A~ 1 40A~ 1 44A1 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~ 540A~ 54@~ 5 48@~ 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~ ;46A;(*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@~ <4A~ <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~ >4n5~ >41~ >4~ >4@A~ > 4y'A~ > 4A~ > 4h A~ > 4]'A> >0?( 55 Total receipts less total deducts.. ~ ?4X~ ?4DA~ ?4D~ ?4b~ ?4 8~ ?4.9~ ?4O~ ?48TA~ ? 4 ~ ? 4 A~ ? 4A~ ? 4A? ?@@A@BG@C@D@E@FG@G@H@I@J@K@L@M@NG@O@P@Q@RG@S @T @U@V@W@X0@( 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~ C45A~ C 41%~ C 4TGA~ C 4 A~ C 4AC C0D( 59 Deficit.......................... ~ D4.D(*10,709D(*9,962~ D4ɺ@~ D4@~ D4 @~ D4A~ 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$A~ F4@~ F4A~ F4A~ F41A~ F4T~ F4`A~ F 4 A~ F 4` A~ F 4 A~ F 4pAF F0G( 61 Dividend income.................. ~ G4tA G(*192 G(*262 G(*886 G(*922~ G4?@~ G4@~ G4*@~ G 4n@~ G 4:@~ G 4@~ G 4d@G G0H( 62 Interest income.................. ~ H4H~ H4$@~ 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). ~ J4XA 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). ~ K42~ K4(K(*8,570K(*123,927~ K4A~ K4P@~ K4f:~ K4p@~ K 4! A~ K 4 @~ K 4 @~ K 40@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 4hA~ N 48DA~ N 4A~ N 4 mAN N0O( 68 Net income....................... ~ O4"ʶ~ O4@~ O4A~ 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~ R4PAR(*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_> "