EFTA01118282.pdf

DESCRIPTION FEE INCOME EDC % as of 12-28-2015 45,000,000 89.10% additional 10,000,000 from Leon 55,000,000 91.06% CURRENTLY WITH 45MM PROJECTED WITH 55MM EDC INCOME A $ 40,712,000 $ 50,712,000 TOTAL GROSS INCOME B $ 45,690,000 $ 55,690,000 Percent of total income subject to Exemption C 89.10% 91.06% TOTAL TAX DUE D $ 18,077,584 $ 22,053,240. E Amount of Tax Subject to the Exemption $ 16,108,002 $ 20,081,952 EXEMPTION PERCENTATE F 90% 90% EDC EXEPMTION CREDIT G $ 14,497,201 $ 18,073,757 Prjoected Tax due $ 3,580,382 $ 3,979,483 Extension applied to 2014 $ - $ - 2nd quarter estimated payment $ (250,000) $ (250,000) 3rd quarter estimated payment $ (100,000) $ (100,000) 4th quarter estimated payment due 1-15-2016 W-2 Witholding $ (45,812) $ (45,812) 2014 refund (171,960) (171,960) Projected Amount due 1-15-2016 $ 3,012,610 $ 3,411,711 EFTA01118282