Document xzypkYLaEo126ErrzV5G6LEVb
. Form 1120 (1963)_______________________________________________________
Schedul* A,--COST OF GOODS SOLD. {Sea Instruction 2)
fWhar* lnTantnrlea ora on lncome*determining factor)
2. Merchandise bought for manufacture or sale. 4. Other costs per books (attach schedule)........
7. Cost of goods sold (enter here and on line 2, page 1)................................... ..............
Pdqs' 2
1. Was inventory valued at--Cost 0.' lower of cost or market 0;
LIFO 0; other. 0? If other, attach explanation.
2. _ Have writedowns been made to inventory? Yes 0 No 0. If
"Yes," were the write-downs computed on the-basis of:
: (a) 0 Percentage reductions from parts of the inventory
(bj 0 Percentage reductions from the total inventory
(c) 0 Valuation of individual items.
,
If "a" or "b" is checked, enter the percentage of write
downs............. %. For "a," "b," or; "c" enter the dollar
amount of write-downs $..................... ..... (If not available,
estimate and indicate that the figure is an estimate.) . ;
3. Was the inventory verified by physical count during the year? !
Yes 0 No 0. If "No," attach explanation of how the closing In ventory was determined.
4. Was there any substantial change in the manner of determining
quantities, costs or valuations between the opening and closing in
ventories? Yes 0 No 0. If "Yes," attach explanation.
NOTE: if a direct gnawer egnnot b given to g quoailon, altgch oxplonqtion.
Schedule C.--INCOME FROM DIVIDENDS
1, Name of declaring corporation
2. Domestic corporations taxable under chapter 1, internal Revenue Code
3. Certain preferred stock of public utilities taxable under chaoter l, Internal Revenue Code
4. Foreign corporations
5. Other corporations
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ArM nmmint inrlnHnhlfl hv nhnmhoMftr of controlled foreian corporation (attach Form 3646}........................ Total (enter here and on line 4, page 1)...............
Schedule D.--Separate Schedule D (Form 1120) should be usod in reporting sales or exchanges of property. (See Instruction 9)
Schedule E.--COMPENSATION OF OFFICERS. (See page 5 of Instructions)
1. Name and address of officar
2. Official title
3. Time de* voted to business
Percent of corporation stock owned
4. Common 5. Preferred
6. Amount of compensalion
7. Expense account allowances
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Total compensation of officers (enter here and on lin e 12, page 1). Schedule F.--BAD DEBTS--RESERVE METHOD. (See Instruction IS)
1. Tax able year
2. Trade notes and accounts re* ceivable outstanding at and of
year
3, Saloi on account'
4. Cross amount added to reserve
5. Amount charged against reserve
6. Reserve for bad debts at end of year
1960. 1961. 1962. ---------------------------------------------------- -------------------------------------------------------- -- ................................... -............................ ..............-................................-- ----------.................-.......... -......................... 1963.
NOTE: Securities which are capital assets and which became worthless wilhin the taxahle year should be reported in separate Schedule D.
Schedule G.--DEPRECIATION. (See Instruction 22, page 3)
ThU schedule is designed.for taxpayers using the alternative guidelines and administrative procedures described in Revenue Procedure 62-21 as well as for those taxpayers who wish to continue using procedures authorized prior to the Revenue Procedure. Where double headings appear use the first heading for the new procedure and the second heading for the older procedure.
I, Group and guideline class
Description ol ptoperty,
P. P - /. )
A
2. Cost or other basis at beginning of year Cost or other basis
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3. Asset additions in year (amount)
Data acquired
/'A//
4. Asset retirements in year (amount) (applicable only to Rev. Proc. 62-21)
S. Depreciation allowed or allowable
.1 7 ri i y' r / _ .r(%.)in prior years
6. Method 7. Class li/e of ------- OR--------
computing Rate depreciation or life
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8. Depreciation for this year
3 a /. / ;
1. Totals............................ 2. Less: Amount of depreciation claimed In Schedule A and elsewhere on return. 3. Balance--Enter here and on line 22, page 1....................................................
.4 Cost or other basis of fully depreciated assets still in use.................................
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VPD-158-0000882