Page 40 - 2019 Pancake Supply Chain Co-op, Inc. Annual Report
P. 40
PANCAKE SUPPLY CHAIN CO-OP, INC.
STATEMENTS OF OPERATIONS
Years ended December 31, 2019 and 2018
2019 2018
Equity in earnings from investment $ 1,728,370 $ 1,112,820
Provision for income taxes (Note 3) (1,094) (3,210)
Net earnings $ 1,727,276 $ 1,109,610
See accompanying notes to financial statements.
3.
