Form Bc-1120 - Income Tax Corporate Return - City Of Battle Creek - 2000 Page 2

SCHEDULE C

PROFIT (OR LOSS) FROM BUSINESS

IF A COPY OF YOUR U.S. CORPORATE INCOME TAX RETURN IS ATTACHED, OMIT THIS SCHEDULE

Period from ________________________ to _________________________

Show period covered and check appropriate box to indicate data used for Schedule C

Separate accounting method

includes operations at all locations

1. Gross Receipts ....................................................... 1

$............................................

BUSINESS DEDUCTIONS

2. Less Returns and allowances ................................ 2

__________________________

12. Compensation of officers .................................... 12 $_____________________

3. Net Receipts

3

$_________________________

13. Salaries and wages-not deducted elsewhere ... 13 ........................................

COST OF GOODS SOLD

14. Rents .................................................................... 14 ........................................

4. Inventory at beginning of period ........................... 4

..............................................

15. Depreciation ........................................................ 15 ........................................

5. Merchandise bought for manufacture or sale... .... 5

..............................................

16. Contributions ....................................................... 16 ........................................

6. Salaries and wages ................................................ 6

..............................................

17. Taxes (attach statement) .................................... 17 ........................................

7. Other costs(attach statement) ............................... 7

..............................................

18. Interest ................................................................. 18 ........................................

8. Total—lines 4 through 7 .......................................... 8

$............................................

19. Repairs ................................................................. 19 ........................................

9. Less inventoryatend of period ............................... 9

__________________________

20. Bad Debts ............................................................ 20 ........................................

10. Cost of goods sold ................................................. 10 $_________________________

21. Other (attach statement) ..................................... 21 ........................................

11. Gross Profit—line 3 less line 10 ............................. 11 $_________________________

22. .............................................................................. 22 ______________________

23. Total - lines 12 through 22 .................................. 23 $_____________________

24. Net profit or loss - line 11 less line 23 ............... 24 ........................................

25. Dividend income ............................................................................................................................................................................................................. 25 ........................................

26. Interest income ................................................................................................................................................................................................................ 26 ........................................

27. Income from rents and royalties ..................................................................................................................................................................................... 27 ........................................

28. Gain or loss from sale or exchange of property (see instructions) .............................................................................................................................. 28 ........................................

29. Other income ................................................................................................................................................................................................................... 29 ______________________

30. Total income (add lines 24 through 29). Enter here and on page 1 line lb .................................................................................................................. 30 $_____________________

SCHEDULE D

BUSINESS ALLOCATION FORMULA

Located

Located

Everywhere

Battle Creek

Percentage

.

I

II

II

I

.

1. Average net book value of real and tangible personal property ...................................................... $.......................................... $....................................

a. Gross annual rent paid for real property only, multiplied by 8 ...................................................... ________________________

_____________________

b. TOTAL (add lines 1 and 1a) ............................................................................................................ $_______________________

$____________________

.......................%

2. Total wages, salaries, commissions and other compensation of all employees ............................. ............................................ ......................................

.......................%

3. Gross receipts from sales made or services rendered ..................................................................... ............................................ ......................................

____________%

4. Total percentages - add the three percentages computed for lines lb, 2 and 3 which you entered in the last column (you must compute a percentage

for each of lines 1 b, 2 and 3)

____________%

5. Average percentage (one-third of line 4)—enter here and on page 1 line 6

____________%

In determining the average percentage (line 5) a factor shall be excluded from the computation only when such factor does not exist anywhere insofar as the

taxpayer’s business operation is concerned and, in such cases, the sum of the percentage shall be divided by the number of factors actually used.

In the case of a taxpayer authorized by the Income Tax Administrator to use one of the special formulas, attach explanation and use the lines provided below:

.

a. Numerator ........................................................................................

c. Percentage (a

b) enter here.............................................and on page 1, line 6

.

b. Denominator ....................................................................................

d. Date of Administrator’s approval letter.................................................................

SCHEDULE E

ADJUSTMENTS

Schedule E is used to adjust the income reported on page 1 on lines 1a or lb to give effect to the requirements of the Battle Creek Income Tax Ordinance. The same period of time

used to compute items for Schedule E must be the same time period used to report income on lines 1a or lb. Schedule E entries are allowed only to the extent directly related to

net income as shown on lines 1a or lb on page 1.

PERIOD: From...................................................................... to..........................................................................

COLUMN 1

COLUMN 2

Add—Items Not Deductible

Deduct—Items Not Taxable and Allowable Deductions

1. Adjustments to income relating to prior periods ................

$ ................................. 6. Interest from U. S. obligations and from United States

(See instructions)

governmental units ........................................................... $ ...................................

2. All expenses (including interest) incurred in connection

7. Dividends-received deduction (exclude dividends

with derivation of income not subject to Battle Creek

in line 6 above) ................................................................

...................................

income tax ............................................................................

................................. 8. Dividend gross up of foreign taxes ................................

...................................

3. Battle Creek income tax paid or accrued .............................

.................................

9. Foreign tax deduction .......................................................

...................................

4. Other(submit schedule) ........................................................

10. Other (submit schedule) ...................................................

...................................

..............................................................................................

.................................

..........................................................................................

...................................

..............................................................................................

.................................

..........................................................................................

___________________

___________________

___________________

___________________

___________________

..............................................................................................

_________________

_________________

_________________

_________________

_________________

..........................................................................................

___________________

___________________

___________________

___________________

___________________

5. Total Additions (enter on page 1, line 2) ...............................

$ _________________

_________________

_________________

_________________

_________________

11. Total Deductions (enter on page 1, line 4) ........................ $ ___________________

___________________

___________________

___________________

___________________