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The following shall be excluded from annual gross receipts provided that the books of account segregate the amounts so as to reflect these exclusions: (1) Cash and trade stamp discounts allowed and taken on sales; (2) Value of property accepted as part of the purchase price for subsequent resale; (3) Any sales and excise taxes collected which are separately stated and collected for and paid to a goverr~ental agency; (4) Such part of the sale price of property returned by the purchaser as is refunded either in cash or by credit; (5) P~ceipts of refundable deposits, except that refundable deposits forfeited and taken into income of the business shall not be excluded; (6) Collection for others where the business is acting as an agent or trustee to the extent that payments are made to those for whom collected. (7) Sales of real estate or insurance policies by an agent or broker; or sales of commodities by a cot~ission broker, except that portion of the sale whicL represents commissions or other income to the agent; That portion of the receipts of a general contractor which represents payments to subcontractors, providing such subcontractors are licensed under this ordinance. (9) Liquor sales in an amount which, if taxed at the rate of $1.00 per thousand dollars of sales would yield a revenue equal to the annual license fee: or the actual receipts from liquor sales, whichever is the lesser. (10) Gasoline sales, provided that such sales are subject to the motor fuel tax set out elsewhere in this chapter. (11) From tile receipts of vending machine companies, the sum of ten thousaD~ dollars for each automatic vending machine licensed in University City. Section 901.16. Penalty: Any person, firm or corporation violating any of the provisions of this article shall, upon conviction thereof, be sub- ject to a fine not exceeding the sum of five hundred dollars for each suck violetivn.