Page 299 - Onboarding May 2017
P. 299
APPLE SUPPLY CHAIN CO-OP, INC.
STATEMENTS OF OPERATIONS
Years ended December 31, 2015 and 2014
2015 2014
Equity in earnings from investment $ 2,394,189 $ 1,998,750
Interest income 10,697 -
Interest expense (1,988) -
Licenses and fees (181) (103)
Provision for income taxes (Note 3) (9,101) (2,339)
Net earnings $ 2,393,616 $ 1,996,308
See accompanying notes to financial statements.
3.
