\pgldobl00 fYl0 `*MB  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 --   - . .0Educational services/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 61" "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+@~ 4@~ 4[@ (*2,088 (*943 (*419~ (@ (***~ (9@ (*** (*** (***  0 ( 2 Total assets....................... ~ 4Jx (-~ 4 A (*326,468 (*313,989 (*300,109~ 4X1A (***~ 42A (*** (*** (***  0 ( 3 Cash............................. ~ 4*A (-~ 4z@ (*136,378 (*3,245 (*82,201~ 4A (***~ 46@ (*** (*** (***  0 ( 4 Notes and accounts receivable.... ~ 4x$A (- (*1,272 (*1,397~ (2@ (*6,941~ 4t)A (***~ 4pb@ (*** (*** (***  0 ( 5 Less: Allowance for bad debts. ~ 4_@ (- (- (- (- (- (*1,931 (***~ 4 @ (*** (*** (***  0( 6 Inventories...................... ~ 4@ (-(*11,750(*38,639 (*977(*6,681(*30,261 (***~  4G@  (***  (***  (*** 0( 7 U.S. govt. obligations, total.... ~ (pu@ (- (- (- (- (- (- (***~  (pu@  (***  (***  (*** 0( 8 Tax-exempt securities............  (- (- (- (- (- (- (- (***  (-  (***  (***  (*** 0( 9 Other current assets............. ~ 4p@ (-(*3,353(*23,090 (-(*3,613~ 4@ (***~  4@  (***  (***  (*** 0( 10 Loans to shareholders............ ~ 4@A (-(*53,198(*3,483(*99,447 (-~ 4@ (***~  4@  (***  (***  (*** 0( 11 Mortgage and real estate loans... (*35,981 (- (- (-(*28,336 (- (- (***~  (J@  (***  (***  (*** 0( 12 Other investments................ ~ 4p@ (-(*7,156 (- (- (*638(*2,987 (***~  4`Y@  (***  (***  (*** 0( 13 Depreciable assets............... ~ 4x (-~ 4@} A(*282,590(*118,341(*198,153~ 4) (***~  4pA  (***  (***  (*** 0( 14 Less: Accumulated depreciation ~ 4>C (-~ 4A(*216,548(*35,343(*60,384~ 4 A (***~  4@  (***  (***  (*** 0( 15 Depletable assets................ (*4,106 (- (- (- (-(*4,106 (- (***  (-  (***  (***  (*** 0( 16 Less: Accumulated depletion... (*3,880 (- (- (- (-(*3,880 (- (***  (-  (***  (***  (*** 0( 17 Land............................. ~ 4 @ (- (-(*46,362(*9,058(*24,480~ (@ (***~  4^@  (***  (***  (*** 0( 18 Intangible assets (Amortizable).. ~ 4p|@ (-(*1,455 (*339(*22,341(*44,715(*10,666 (***~  4@  (***  (***  (*** 0( 19 Less: Accumulated amortization ~ 4@ (-(*1,455 (*339(*22,341(*18,979(*4,355 (***~  4V@  (***  (***  (*** 0( 20 Other assets..................... ~ 4H=A (-(*19,350(*11,079(*89,909(*11,824~ 4@ (***~  4y@  (***  (***  (*** 0( 21 Total liabilities.................. ~ 4Jx (-~ 4 A(*326,468(*313,989(*300,109~ 4X1A (***~  42A  (***  (***  (*** 0( 22 Accounts payable................. ~ 4sA (-(*3,670(*9,151 (*286(*11,605~ 4 '@ (***~  4@  (***  (***  (*** 0( 23 Mort, notes, and bonds under 1 yr ~ 40nA (-(*11,706(*40,645(*18,089 (-~ 4`4@ (***~  47@  (***  (***  (***  l@!@" @#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@= @>@?@0 ( 24 Other current liabilities........ ~ 4*3 (-~ 4 @ (*63,212 (*71,656 (*20,356~ 4h`A (***~ 4@@ (*** (*** (***  0!( 25 Loans from shareholders.......... ~ !4 (A !(-!(*38,404!(*110,679!(*114,942!(*5,465!(*3,254 !(***~ ! 4@ ! (*** ! (*** ! (***! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4A "(-"(*11,368"(*55,720 "(-"(*73,603~ "4p@ "(***~ " 4 @ " (*** " (*** " (***" "0#( 27 Other liabilities................ ~ #4@ #(-#(*4,676 #(-#(*10,631 #(*#(*2,155 #(***~ # 4u@ # (*** # (*** # (***# #0$( 28 Net worth........................ ~ $4V $(-~ $4@$(*47,061$(*98,385$(*189,079~ $4i" $(***~ $ 4,A $ (*** $ (*** $ (***$ $0%( 29 Capital stock................... ~ %4@ %(-~ %46@%(*23,185%(*3,718%(*5,916~ %4$@ %(***~ % (@}@ % (*** % (*** % (***% %0&( 30 Additional paid-in capital...... ~ &4nA &(-&(*45,885 &(-&(*5,737&(*1,156~ &4`@ &(***~ & 4f@ & (*** & (*** & (***& &0'( 31 Retained earnings............... ~ '4d2A '(-~ '4s'(*23,876'(*88,931'(*182,007~ '4pA '(***~ ' 4A ' (*** ' (*** ' (***' '0(( 32 Less: Cost of treasury stock... ~ (4@ ((- ((- ((- ((- ((-~ ((0@ ((***~ ( 4u@ ( (*** ( (*** ( (***( (0)( 33 Total receipts..................... ~ )45~ )4\A~ )4mD)( *1,843,168)(*156,843)(*762,535~ )4~ƴ )(***~ ) 4`{$A ) (*** ) (*** ) (***) )0*( 34 Business receipts................ ~ *4z1~ *4<1A~ *4NC*( *1,842,200*(*154,903*(*762,278~ *4, *(***~ * 4' * (*** * (*** * (**** *0+( 35 Interest on govt. obligations.... ~ +(@ +(- +(- +(- +(- +(-~ +(W@ +(***~ + (@f@ + (*** + (*** + (***+ +0,( 36 Net gain, noncapital assets...... ~ ,4@,(*3,975,(*1,071 ,(- ,(-~ ,(5@~ ,4@ ,(***~ , ( @ , (*** , (*** , (***, ,0-( 37 Other receipts................... ~ -4@-(*2,881-(*9,523 -(*967-(*1,940 -(*236~ -4N@ -(***~ - 4C@ - (*** - (*** - (***- -0.( 38 Total deductions................... ~ .4~ .4ĮA~ .4K;.( *1,680,414.(*114,818.(*627,371~ .4CA .(***~ . 4$ . (*** . (*** . (***. .0/( 39 Cost of goods sold............... ~ /4}/(*26,587/(*150,642/(*270,625/(*13,038/(*200,818~ /4$A /(***~ / 4 @ / (*** / (*** / (***/ /00( 40 Compensation of officers......... ~ 04W-0(*20,962~ 04A0(*337,174~ 0(H@0(*45,450~ 04A 0(***~ 0 4@ 0 (*** 0 (*** 0 (***0 001( 41 Salaries and wages............... ~ 14.1(*118,5571(*200,1281(*507,4921(*4,9221(*81,579~ 14V0 1(***~ 1 4A 1 (*** 1 (*** 1 (***1 102( 42 Repairs.......................... ~ 24P@2(*4,174~ 24Ҵ@2(*9,3952(*2,2562(*11,165~ 24@@ 2(***~ 2 4Q@ 2 (*** 2 (*** 2 (***2 203( 43 Bad debts........................ ~ 34k@~ 34x@ 3(*263 3(- 3(- 3(*963(*2,523 3(***~ 3 4@ 3 (*** 3 (*** 3 (***3 304( 44 Rent paid on business property... ~ 44lA~ 44@~ 44@4(*50,5384(*5,3394(*34,360~ 44A 4(***~ 4 4@ 4 (*** 4 (*** 4 (***4 405( 45 Taxes paid....................... ~ 54A~ 54@~ 54@5(*72,3835(*1,9895(*14,050~ 54@ 5(***~ 5 4~@ 5 (*** 5 (*** 5 (***5 506( 46 Interest paid.................... ~ 64 @ 6(*136 6(*7266(*16,024 6(*4246(*1,763~ 64g@ 6(***~ 6 4X@ 6 (*** 6 (*** 6 (***6 607( 47 Amortization..................... ~ 74(@ 7(*7 7(- 7(- 7(-7(*3,890 7(*951 7(***~ 7 4@ 7 (*** 7 (*** 7 (***7 708( 48 Depreciation..................... ~ 84HuA8(*6,095~ 84@8(*11,1178(*5,1028(*21,259~ 84`@ 8(***~ 8 4@@ 8 (*** 8 (*** 8 (***8 809( 49 Depletion........................  9(- 9(- 9(- 9(- 9(- 9(- 9(- 9(*** 9 (- 9 (*** 9 (*** 9 (***9 90:( 50 Advertising...................... ~ :4H A:(*11,812~ :4@:(*18,940:(*1,144:(*45,121~ :4n@ :(***~ : 4@ : (*** : (*** : (***: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4@~ ;(@P@;(*28,344;(*18,156 ;(- ;(*220~ ;4z@ ;(***~ ; 4J@ ; (*** ; (*** ; (***; ;0<( 52 Employee benefit programs........ ~ <4@A<(*2,952<(*7,545<(*57,713<(*6,282<(*4,283~ <4@ <(***~ < 4x@ < (*** < (*** < (***< <0=( 53 Net loss, noncapital assets...... ~ =4@@~ =4@ =(- =(- =(- =(-~ =("@ =(***~ = (&@ = (*** = (*** = (***= =0>( 54 Other deductions................. ~ >44H8A~ >4@~ >4$YA>(*310,858>(*73,800>(*163,317~ >4DvA >(***~ > 4 @ > (*** > (*** > (***> >0?( 55 Total receipts less total deducts.. ~ ?4I1A~ ?4@@~ ?4DA?(*162,753?(*42,025?(*135,163~ ?4A ?(***~ ? 40P@ ? (*** ? (*** ? (***? ?@@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....................... ~ C4E~ C4`@~ C40KAC(*162,753C(*42,025C(*140,585~ C4A C(***~ C 4 E@ C (*** C (*** C (***C C0D( 59 Deficit.......................... D(*10,959~ D4ʹ@ D(*212 D(- D(-~ D4.@ D(- D(*** D (- D (*** D (*** D (***D D0E( Portfolio income (less deficit) E( E(E(E(E(E(E(E(E (E (E (E (E E0F( 60 distributed to shareholders:..... ~ F4XAF(*104,165F(*1,487 F(*423F(*2,320F(*23,179~ F4@ F(***~ F 4ֱ@ F (*** F (*** F (***F F0G( 61 Dividend income.................. ~ G4x@ G(*5 G(- G(- G(-G(*1,841 G(*438 G(***~ G (@ G (*** G (*** G (***G G0H( 62 Interest income.................. ~ H4f@ H(*117H(*1,487 H(*423H(*1,829H(*1,219~ H4!@ H(***~ H 4R@ H (*** H (*** H (***H H0I( 63 Royalty income (less loss)....... ~ I4b@ I(- I(- I(- I(- I(- I(- I(***~ I (V@ I (*** I (*** I (***I I0J( 64 Net S-T capital gain (less loss). ~ J(@ J(- J(- J(- J(*490 J(-J( J(***~ J (`b@ J (*** J (*** J (***J J0K( 65 Net L-T capital gain (less loss). ~ K4I@~ K4f@ K(- K(- K(-~ K4@~ K(H K(***~ K ({ K (*** K (*** K (***K K0L( 66 Other portfolio income (net).....  L(- L(- L(- L(- L(- L(- L(- L(*** L (- L (*** L (*** 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)................. N(*4,079 N(- N(- N(- N(- N(-N(*2,211 N(***~ N 4@ N (*** N (*** N (***N N0O( 68 Net income....................... O(*4,180 O(- O(- O(- O(- O(-O(*2,234 O(***~ O 40@ O (*** O (*** O (***O O0P( 69 Deficit.......................... ~ P(@Y@ P(- P(- P(- P(- P(-~ P(7@ P(***~ P (S@ P (*** P (*** P (***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.......... ~ R(<@ R(- R(- R(- R(- R(- R(- R(***~ R (6@ R (*** R (*** R (***R R0S( 71 Net income....................... ~ S(<@ S(- S(- S(- S(- S(- S(- S(***~ S (6@ S (*** S (*** S (***S S0T( 72 Deficit..........................  T(- T(- T(- T(- T(- T(- T(- T(*** T (- T (*** T (*** T (***T T0U( 73 Total income tax before credits.... U(*3,616~ U(t@U(*1,760 U(- U(-~ U4X@ U(- U(***~ U (=@ U (*** U (*** U (***U U0V( 74 Built-in gains tax............... V(*3,616~ V(t@V(*1,760 V(- V(-~ V4X@ V(- V(***~ V (=@ V (*** V (*** V (***V V0W$( 75 Excess net passive income tax....  W)- W)- W)- W)- W)- W)- W)- W)*** W )- 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_> "