CMS Case Study

NET INCOME BEFORE TAXES

52,458.30-

522,128.66-

8,296,414.24

INCOME TAXES PROVISION FOR CURR FED INC TAX TOTAL PROV FOR CURR FED INC TAX PROVISION FOR CURR STATE INC TAX TOTAL PROV FOR CURR STATE INC TA

76,231.52 76,231.52

833,243.94 833,243.94

. 00 . 00

. 00 . Oe)

INCOME BEFORE OTHER GAIN/LOSS

52,458.30-

445,897.14-

7,463,170.30

(GAIN) LOSS ON SALE OF ASSETS (GAIN) LOSS SALE OF REPO ASSETS (GAIN) LOSS SALE OF ORE NET (GAIN) LOSS SECURITIES TOTAL NET (GAIN) LOSS

. eJO .OO

. 00 . 00

17,934.29

. 00

235.94

2,029.03-

39,916.10

. 00

. 00

493.84

235.94

2,029.03

22,475.65-

***

NET INCOME

***

52,222.36-

447,926.17-

7,485,645.95-