EXHIBIT B A WHOLESALE CORPORATION'S TOTAL MAJOR STATE AND COUNTY TAXES ON VALUES AS STATED, AS OF Note: The values used for the wholesale corporation illustration are the same as for the manufacturing corporation except that the manufacturing equipment has been eliminated and the inventory reduced by 50 percent due to a higher inventory turnover for a wholesale business. Details of the individual taxes are on schedule B-1. SCHEDULE B-1 A WHOLESALE CORPORATION'S MAJOR STATE AND COUNTY TAXES ON VALUES AS STATED, AS OF JULY 1, 1970 Accounts receivable. Equipment and furniture: Inventory.. Total assets. Total liabilities and net worth.. Total State and county taxes.. See footnote at end of table. 12, 190 12, 190 12, 190 66,501 123, 176 88,355 12, 190 73,523 12, 190 63,702 12, 190 65,039 12, 190 75,898 Assets: SCHEDULE B-1-Continued A WHOLESALE CORPORATION'S MAJOR STATE AND COUNTY TAXES ON VALUES AS STATED, AS OF JULY 1, 1970-Continued EXHIBIT C A RESEARCH AND DEVELOPMENT CORPORATION'S (NONMANUFACTURING) TOTAL MAJOR STATE AND COUNTY TAXES ON VALUES AS STATED, AS OF JULY 1, 1970 Note: The values used for the research and development corporation illustration are substantially less than the values used for the manufacturing and wholesale illustrations since the investment in equipment has been reduced and the inventory eliminated. Therefore, real property, gross receipts, and payroll are the primary tax bases. Details of the individual taxes are on schedule C-1. |