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COMPABATIVI PROFIT a LOSS
For Years Inded December 33,
Year Ended
Year Ended
Becember 31, 2945
December 31, 1944
Brought Formard
$535890.80
$925737.82
Deduct: Charges against Income
Annuities de Medical Expenses
$ 4432.31
8
7539.87
Loss on nale of equipment
25.83
55.89
Loas on adandonment of equipment
8230.79
000
Service Station Expense
74.47
261.90
Loss on Bad Accounts
15186.00
512.86
Hater danage Plant age
-
470.33
Losa on sale of securities
28.55
Wiscellaneous expenses
28.40
Provision for post adjustment
à centingencies
-
28006.35
45000.00
53840.85
Set Profit before Henegotiation A
Taxes
507884.45
871876.97
Leses Provision for Renegotiation
36000.00
148000.00
471884.45
723896.97
Provision for Federal Incone Taxen
368000.00
62.3000.00
Net Income
103884.45
100896.97
of Net Income to Sales
2.90)
2.54%
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"ocrText": "COMPABATIVI PROFIT a LOSS\nFor Years Inded December 33,\nYear Ended\nYear Ended\nBecember 31, 2945\nDecember 31, 1944\nBrought Formard\n$535890.80\n$925737.82\nDeduct: Charges against Income\nAnnuities de Medical Expenses\n$ 4432.31\n8\n7539.87\nLoss on nale of equipment\n25.83\n55.89\nLoas on adandonment of equipment\n8230.79\n000\nService Station Expense\n74.47\n261.90\nLoss on Bad Accounts\n15186.00\n512.86\nHater danage Plant age\n-\n470.33\nLosa on sale of securities\n28.55\nWiscellaneous expenses\n28.40\nProvision for post adjustment\nà centingencies\n-\n28006.35\n45000.00\n53840.85\nSet Profit before Henegotiation A\nTaxes\n507884.45\n871876.97\nLeses Provision for Renegotiation\n36000.00\n148000.00\n471884.45\n723896.97\nProvision for Federal Incone Taxen\n368000.00\n62.3000.00\nNet Income\n103884.45\n100896.97\nof Net Income to Sales\n2.90)\n2.54%"
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