Page 33 - Pancake Supply Chain Co-op, Inc. 2017 Annual Report
P. 33

PANCAKE SUPPLY CHAIN CO-OP, INC.
                                               STATEMENTS OF OPERATIONS
                                           Years ended December 31, 2017 and 2016



                                                                                      2017           2016

               Equity in earnings from investment                                 $  1,926,023   $  2,541,830

               Provision for income taxes (Note 3)                                      (3,426)        (3,030)

               Net earnings                                                       $  1,922,597   $  2,538,800


































































                                        See accompanying notes to financial statements.

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