1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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1<br />
LP-1 ON I AMMM Pm I 1 711-RP<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1960<br />
RP-1 ON 62<br />
RETURNS WITH BALANCE SHEET, INCOME STATEMENT/ TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY<br />
AND WITHOUT NET INCOME<br />
SIZE OF TOTAL ASSETS<br />
MINOR INDUSTRY 2498<br />
MM.. LOME 4 WOOD PRODUCTS, EXCEPT FURNITURE,<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
Miscellaneous wood products, except furniture<br />
SIZE OF TOTAL ASSETS .<br />
OVER ZERO 50 100<br />
ITEM<br />
250 500 1 , 000<br />
TOTAL ZERO<br />
9,000<br />
UNDER<br />
10,000<br />
UNDER<br />
29,000<br />
UNDER UNDER<br />
50,000 100,000<br />
ASSETS<br />
UNDER UNDER<br />
50 100<br />
UNDER .<br />
250<br />
UNDER UNDER<br />
500<br />
UNDER<br />
1.000<br />
UNDER<br />
5 , 000<br />
250,000<br />
101000' 29,000 50,000 100,000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 3302 81*<br />
(<br />
1401 420<br />
2 WITH NET INCOME<br />
641 435<br />
2362<br />
200<br />
41*<br />
109 5* 0 2<br />
3 WITHOUT NET INCOME<br />
866 322 482<br />
940<br />
337<br />
40*<br />
199 104 4* 6 1<br />
4 FORM 1120<br />
535 98*<br />
■5<br />
159 98* 1<br />
572 -<br />
5* 1<br />
303* 151*<br />
2<br />
76* 38* -<br />
• 1<br />
4 *<br />
5 TOTAL ASSETS<br />
859040 28092 31585<br />
6 CASH<br />
99926 150929<br />
73476<br />
135531 219026<br />
* 4249<br />
27365*<br />
3434<br />
112723<br />
8917<br />
53863<br />
7 NOTES AND ACCOUNTS RECEIVABLE.•<br />
19173<br />
186242<br />
11200 19606 816* 4701 1380<br />
8<br />
5988 7286 22972<br />
LESS/ ALLOWANCE FOR BAD DEBTS<br />
33273 34527<br />
2963<br />
55891 6719* 12478<br />
184* 47*<br />
7108<br />
9 INVENTORIES<br />
296* 353* 843*<br />
211705<br />
950 209 81 .<br />
9925 7929<br />
INVESTMENTS IN GOVT. OBLIG1<br />
29752 35903 30783 67623 5414* 24535 6941<br />
10 UNITED STATES<br />
4411 - ■ ■<br />
11 STATE AND LOCAL<br />
918* 246* 5 2693 ■<br />
15878 30 519<br />
■<br />
i<br />
■<br />
12 OTHER CURRENT ASSETS (51* ■<br />
20800 1131 ■<br />
... 550 442* 1696 2427<br />
14747<br />
1599<br />
-<br />
13 LOANS TO STOCKHOLDERS 2368<br />
4511 182<br />
88*<br />
8872<br />
1*<br />
521<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
705*<br />
7809*<br />
1147* 148* 279<br />
■ (5)*<br />
15 OTHER INVESTMENTS<br />
(5)* - 20<br />
43043<br />
2525* 294* -<br />
5*<br />
4970<br />
16 DEPRECIABLE ASSETS<br />
210* 2721 2111*<br />
'465309 •<br />
2424* 11259 1441 16534 6338<br />
17<br />
18039<br />
LESS;<br />
20852<br />
ACCUM DEPRECIATION<br />
54425 86741<br />
226909<br />
92235 100942<br />
9205<br />
14523*<br />
9860<br />
31627<br />
25557 34573<br />
45925<br />
18 DEPLETABLE ASSETS 47407<br />
3421*<br />
• 53938<br />
-<br />
7168* 15886 23315<br />
19 LESSt,ACCUM DEPLETION . 574* 230* 262*<br />
368*<br />
658* 1693*<br />
.<br />
4<br />
20 LAND * . 164* *<br />
25066<br />
204*<br />
21<br />
1048 403* 4861<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
959<br />
1805<br />
-<br />
1802 4743<br />
79*<br />
791* 4759 4854<br />
22<br />
20* 787*<br />
LESS( ACCUM AMORTIZATION<br />
1<br />
238<br />
55* .<br />
12*<br />
17<br />
23 OTHER ASSETS<br />
20* 180* (51* -<br />
29031<br />
* 14*<br />
. 12<br />
- ■<br />
- 1522 935 3631 3042 6271 4447 163* 5428 3592<br />
24 TOTAL LIABILITIES 859040 28092 31585 99926 150929 135531 219026 27365* 112723 53863<br />
25 ACCOUNTS PAYABLE 109132 - 4037 9873 16378 20062 21382 27454 2198* 3736 4012<br />
26 MORT., NOTES, BONDS UNDER 1 YR 95081 1850 1451 15723 13967 9482 25871 2168* 10179 14390<br />
27 OTHER CURRENT LIABILITIES 60882 * 2858 1253 6148 7644 14501 22769 1275 3894 540<br />
28 LOANS FROM STOCK/IC/OCRS 16392 - 7504 1175 1172* 4345* 163 2033 - *<br />
29 MORT., NOTES, BONDS OVER 1 YR 90136 - 2444 2193* 13434 16102 12869* 22039 4835 13481 2739<br />
30 OTHER LIABILITIES 251 4 7 * 1439 132* 1520 5657 2659* 3645 335 9416 344<br />
31 CAPITAL STOCK 163394 - 10310 10687 22749 40999 19166 27303 4489* 19286 8405<br />
32 PAID-IN OR CAPITAL SURPLUS 44217 - -936* 509* 256* 18626* 1987* 6447 1569 5790 9969<br />
33 RETAINED EARNINGS, APPROP 3722 ■ (5)* (5)* - 115* 3307* * 300 -<br />
34 RETAINED EARNINGS, UNAPPROP..• • 257790 -712 4312 22994 23424 55572 80783 10496* 47457 13464<br />
35 LESS/ COST OF TREASURY STOCK 6853 702* - 448* 12 2250* 2625 * 816 -<br />
36 TOTAL RECEIPTS 1582186 450* 98027<br />
37 BUSINESS RECEIPTS<br />
78377 227685 301578 260111<br />
1554975<br />
460243<br />
402 97572<br />
34863* 86662<br />
77905 224806<br />
34240<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
299323 255260 454173 34241* 80791 30502<br />
38 UNITED STATES 198 ■ .<br />
39 STATE AND LOCAL<br />
.<br />
33*<br />
545<br />
(5)14 49* 70* -<br />
30<br />
■ - - -<br />
16<br />
40 OTHER INTEREST<br />
-<br />
2976<br />
48 - 497 .<br />
■<br />
41<br />
121*<br />
RENTS<br />
(5)* 202* 142*<br />
3778<br />
336 522 23* 903 727<br />
( 6<br />
42 ROYALTIES<br />
95* 68* 1040*<br />
324<br />
196* 652* 81 78* 257<br />
■ - 1297<br />
43 NET S-Y CAP GAIN LESS L..7 LOSS<br />
- -<br />
27*<br />
- 109<br />
-<br />
3*<br />
-<br />
29 86 97<br />
44 NET L-T CAP GAIN LESS ST LOSS.<br />
.. - 19* 8* (5) _<br />
i<br />
6947 -<br />
45 NET GAIN, NONCAPITAL<br />
158* 115* ASSETS.•<br />
213* 98*<br />
1184<br />
935* 1135 282*<br />
■ (5)* 85<br />
3149<br />
73*<br />
1020<br />
46 DIVIDENDS. DOMESTIC CORPS 639*<br />
833<br />
33*<br />
-<br />
209 82 63<br />
■<br />
47 DIVIDENDS. FOREIGN CORPS<br />
- 49* -<br />
61<br />
295* 63* - 414<br />
■ - . 12<br />
48 OTHER RECEIPTS - ■<br />
10338 42* 239<br />
24<br />
154*<br />
37<br />
1261 1180 2442 3920 178* 416 506<br />
I<br />
49 TOTAL DEDUCTIONS 1502857 516* 99415<br />
50 COST OF SALES AND )PERATIONS•••<br />
75058 221259 289827<br />
1146246<br />
243102<br />
300<br />
425463<br />
71520<br />
33448*<br />
57357<br />
80505<br />
165836<br />
34264<br />
51 COMPENSATION OF OF - ICERS<br />
218147<br />
61414<br />
175717<br />
9<br />
350378<br />
8435<br />
25692*<br />
5307<br />
56365<br />
13551<br />
24934<br />
52 REPAIRS<br />
12588<br />
11026 11532 9056<br />
1<br />
592* 1363 543<br />
53 840 DEBTS<br />
863 544 2268<br />
2964<br />
2104 2313<br />
3<br />
3709<br />
277 76*<br />
98 567<br />
363 1181<br />
121<br />
54 RENT PAID ON BUSINESS PROPERTY 16838 -<br />
426* 340 140 74 84<br />
55 TAXES PAID<br />
2445 1207* 3062<br />
35913<br />
3279 3170* 2422 251 759 243<br />
56 INTEREST PAID<br />
51* 2470 1707 5725<br />
12201<br />
7007 5803<br />
1<br />
9707 476* 2044 923<br />
57 CONTRIBUTIONS OR GIFTS<br />
326 196* 1197 2623<br />
768<br />
1734<br />
1<br />
2977 502* 1257 1388<br />
58 AMORTIZATION<br />
100 8 35<br />
482 . 64 48 323<br />
44*<br />
5* 171 13<br />
59 DEPRECIATION<br />
4* 131*<br />
34132<br />
265* .<br />
4<br />
5 . 24 9<br />
60 DEPLETION<br />
1642 1560 4680<br />
309*<br />
6350 7343 8265 1150* 2040<br />
■ 3098<br />
■<br />
61 ADVERTISING<br />
188*<br />
6140<br />
.<br />
(5)*<br />
.<br />
755 62*<br />
-<br />
854<br />
40 81<br />
62 PENSION, PROF SH•.ANNUITY PLANS 5594 -<br />
1463 846 1254 24<br />
144*<br />
707<br />
558*<br />
175<br />
783* 1795* 1338 110* 718 148<br />
63 OTHER EMPLOYEE BENEFIT PLANS 3184<br />
•64 -<br />
NET LOSS, NONCAPITAL ASSETS...•<br />
286* 167* 426* 421* 696* 851 29* 308 -<br />
65 OTHER DEDUCTIONS<br />
1632 ■ - 31*<br />
160452<br />
13*<br />
146*<br />
Si<br />
10252<br />
40<br />
6719<br />
50<br />
22354<br />
1493<br />
35101<br />
-<br />
31674 34798 4329* 12575 2504<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS". 79329 -66*<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
-1388 3269<br />
-<br />
-<br />
6426 11751<br />
.<br />
17009 34780 1415* 6157 -24<br />
68 NET INCOME (LESS DEFICIT) (2)...••<br />
-<br />
78784<br />
69 NET INCOME<br />
-66* -1388 3269 6426 11751 17009 34732 1415* 5660<br />
le<br />
96225 -24<br />
70 DEFICIT<br />
14 4869 4719 9238 15718<br />
17441 80*<br />
17593 34911 1626* 7281 256<br />
RETURNS OTHER THAN FORM 1120<br />
6257 ■Si<br />
1450 2812 3967* 584 179* 211 1621 280<br />
71 NET INCOME (LESS DEFICIT) 76332<br />
• 72<br />
-66* 2580<br />
STATUTORY SPECIAL DEDS•. TOTAL<br />
348* 5368 10198 17009 33844 1415* 5660 -24<br />
73<br />
3675 (5)* 812*<br />
NET OPERATING LOSS CARRYFRD.•<br />
169* 698*<br />
2924<br />
131* 246* 388 828 392 11<br />
74<br />
(5)* 812*<br />
DIVIDENDS RECEIVED DEDUCTION.<br />
169* 649* 131* ■<br />
751 -<br />
335*<br />
-<br />
828 - -<br />
DED FOR DIV PO. PUS UTIL STK. 49* 246* 53*<br />
■ -<br />
392 11<br />
■ ■ ■<br />
76 WESTERN HEMISPHERE TRADE OED. -, ■<br />
.. . - - - ■<br />
. . ■ .<br />
.<br />
77 INCOME SUBJECT TO TAX ■<br />
■<br />
85421<br />
■ ■<br />
14<br />
78 INCOME TAX IBEF CREDITS,, TOT(3i•<br />
2750 1622 7498 14034<br />
34523 . 3<br />
17332 33631 798* 7487 255<br />
79 SURCHARGE<br />
624 374* 2066<br />
413<br />
5266 7035 15812 307* 2918 115<br />
SO<br />
-<br />
TAX RECOMP PRIOR YEAR INV. CR•<br />
(5)* (5) (51*<br />
261 ..<br />
52* 84* 214 . 63 *<br />
4 81 FOREIGN TAX CREDIT<br />
(9)* (5)<br />
3 .<br />
2 16* (98* 237 3*<br />
*<br />
1 2<br />
82 INVESTMENT CREDIT . . ■<br />
1838 - . 3 *<br />
83 NET INCOME(LESS DEF) AFTER TAX(4)<br />
42 82 278<br />
46099<br />
300 509 496 24* 79 28<br />
4<br />
-69*<br />
84 NET INCOME AFTER TAX<br />
-1970 2977 4638 6785<br />
63542<br />
10483 19416<br />
11<br />
1132* 2821 -114<br />
85 ESTIMATED TAX PAYMENTS<br />
4287 4427 7452<br />
6144 -<br />
.<br />
10752 11067 19595 1343* 4442 166<br />
86 FORM 1120.S NET INCOME (LESS DEF)<br />
- (51* 853 3506 43* 1660 92<br />
I<br />
2452 *<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
*3968* 2921* 1058* 1553* * sse<br />
- -<br />
87 CASH & PROP EXCEPT OWN STOCK 11844 ■ 287* ff 88 CORPORATIONS OWN STOCK<br />
2946* 1050*<br />
631<br />
1189*<br />
*<br />
525* SELECTED INVESTMENT ITEMS/ -<br />
2621<br />
*<br />
191* 2570 465<br />
- -<br />
180 * 451<br />
89 COST OF PROP. USED FOR INV. CR• 34430 (51 984* 1720 5776<br />
(f 90 INVESTMENT QUALIFIED FOR CREDIT 6081<br />
25191<br />
8403<br />
85)<br />
7586 805*<br />
593* 863<br />
2019<br />
4618 4215<br />
1064<br />
91 TENTATIVE INVESTMENT CREDIT•.• 1719<br />
(5)<br />
5629 6311<br />
42<br />
640* 1593 729<br />
92 INVESTMENT CREDIT CARRYFORWARD.<br />
82 303<br />
1249<br />
-<br />
251 398<br />
-<br />
441 44* 107 51<br />
93 UNUSED INVESTMENT CREDIT (5)* 38* 82* 393* 407 22 5 302<br />
4<br />
1159 (51 - - 97 33* 282* , 347* 42 33 325<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
4 U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />
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