Page 40 - 2018 Apple Annual Report
P. 40
APPLE SUPPLY CHAIN CO-OP, INC.
STATEMENTS OF OPERATIONS
Years ended December 31, 2018 and 2017
2018 2017
Equity in earnings from investment $ 1,519,532 $ 1,522,452
Interest income 35 31,490
Interest expense - (41,044)
Provision for income taxes (Note 3) (22,037) (2,077)
Net earnings $ 1,497,530 $ 1,510,821
See accompanying notes to financial statements.
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