EFTA00806113.pdf

Caution: Forms printed from within Adobe Acrobat products may not meet IRS or state taxing agency specifications. When using Acrobat 9.x products and later products, select "None"in the "Page Scaling" selection box in the Adobe "Print" dialog. CLIENT'S COPY EFTA00806113  SACKS PRESS & LACHER, P.C. CERTIFIED PUBLIC ACCOUNTANTS 600 THIRD AVENUE - 18TH FL NEW YORK, NY 10016-1901 SEPTEMBER 12, 2017 NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 NEXT MANAGEMENT LLC: WE HAVE PREPARED AND ENCLOSED YOUR 2016 LIMITED LIABILITY COMPANY RETURNS FOR THE YEAR ENDED DECEMBER 31, 2016. THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASE SIGN, DATE, AND RETURN FORM 8879-PE TO OUR OFFICE. WE WILL THEN SUBMIT YOUR ELECTRONIC RETURN TO THE IRS. DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE IRS. RETURN FEDERAL FORM 8879-PE TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. THE CALIFORNIA FORM 568 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE FTB, PLEASE SIGN, DATE AND RETURN FORM 8453-LLC TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE FTB. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE FTB. RETURN FORM 8453-LLC TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED AS YOU ARE TO RECEIVE A REFUND IN THE AMOUNT OF $7,200.00. YOUR ANNUAL TAX PAYMENT AMOUNT OF $800.00 WILL BE AUTOMATICALLY WITHDRAWN FROM THE BANK ACCOUNT ENDING IN 0157 ON OR AFTER SEPTEMBER 12, 2017. REFER TO FORM 568 ON THE DIRECT DEPOSIT/DEBIT REPORT FOR COMPLETE ACCOUNT INFORMATION. THE NEW YORK FORM IT-204 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE NYSDTF, PLEASE SIGN, DATE AND RETURN FORM TR-579-PT TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYSDTF. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE NYSDTF. RETURN FORM TR-579-PT TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. EFTA00806114 THE FLORIDA FORM F-1065 SHOULD BE MAILED ON OR BEFORE OCTOBER 2, 2017 TO: FLORIDA DEPARTMENT OF REVENUE 5050 W. TENNESSEE STREET TALLAHASSEE, FL 32399-0135 THE NEW YORK CITY FORM NYC-204 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE NYC DOF, PLEASE SIGN, DATE AND RETURN NYC-579-UBTP TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYC DOF. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE NYC DOF. RETURN NYC-579-UBTP TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. YOUR OVERPAYMENT IN THE AMOUNT OF $30,257.00 HAS BEEN APPLIED TO YOUR NEW YORK CITY ESTIMATED TAX. THE NEW YORK CITY ESTIMATED INCOME TAX DUE DATES AND REQUIRED PAYMENTS ARE AS FOLLOWS: INSTALLMENT NO. 3 BY 09/15/17 $51,833 INSTALLMENT NO. 4 BY 01/16/18 $37,270 MAIL THE NEW YORK CITY ESTIMATED TAX PAYMENTS TO: NYC DEPARTMENT OF FINANCE UNINCORPORATED BUSINESS TAX P.O. BOX 3923 NEW YORK, NY 10008-3923 ATTACHED ARE SCHEDULES K-1 FOR ALL MEMBERS INDICATING THEIR SHARE OF INCOME, DEDUCTIONS AND CREDITS TO BE REPORTED ON THEIR RESPECTIVE TAX RETURNS. THESE SCHEDULES SHOULD BE IMMEDIATELY FORWARDED TO EACH OF THE MEMBERS. COPIES OF THE RETURNS ARE ENCLOSED FOR YOUR FILES. WE SUGGEST THAT YOU RETAIN THESE COPIES INDEFINITELY. VERY TRULY YOURS, SACKS PRESS & LACHER, P.C. EFTA00806115  TAX RETURN FILING INSTRUCTIONS REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS Prepared for NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 Form must be filed on or before RETURN FORM 114A TO US BY OCTOBER 15, 2017. Special FORM 114 HAS BEEN PREPARED FOR ELECTRONIC FILING. PLEASE SIGN, Instructions DATE, AND RETURN FORM 114A TO OUR OFFICE. WE WILL THEN TRANSMIT YOUR REPORT TO THE FINCEN. 600397 04.01.16 EFTA00806116  2016 TAX RETURN FILING INSTRUCTIONS U.S. RETURN OF PARTNERSHIP INCOME FOR THE YEAR ENDING DECEMBER 31, 2016 Pmoamdtor NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 To be signed and A MEMBER MANAGER OF THE LLC dated by Amount of tax NOT APPLICABLE Mailtaxretum THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. TO HAVE to IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASE SIGN, DATE, AND RETURN FORM 8879-PE TO OUR OFFICE. WE WILL THEN SUBMIT YOUR ELECTRONIC RETURN. Forms to be ENCLOSED ARE COPIES OF SCHEDULE K-1 TO BE DISTRIBUTED TO THE distributed MEMBERS. to partners Retummustbe RETURN FEDERAL FORM 8879-PE TO US BY SEPTEMBER 15, 2017. mailed on or before Special DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE IRS. Instructions 610145 04-01.16 EFTA00806117  Two-Year Comparison - Partnership 2016 Name of partnership Employer identification number NEXT MANAGEMENT LLC 13-3495607 Increase Description Prior Year Current Year (Decrease) NUMBER OF PARTNERS 3. 3. 0. TRADE OR BUSINESS INCOME OR LOSS: INCOME: GROSS RECEIPTS OR SALES 20,059,894. 20,803,273. 743,379. GROSS PROFIT 20,059,894. 20,803,273. 743,379. INCOME (LOSS) FROM PASSTHROUGHS 248,456. 137,818. -110,638. OTHER INCOME (LOSS) -234,496. -156,411. 78,085. TOTAL INCOME (LOSS) 20,073,854. 20,784,680. 710,826. DEDUCTIONS: SALARIES AND WAGES 11,291,732. 12,181,179. 889,447. REPAIRS AND MAINTENANCE 414,619. 416,838. 2,219. BAD DEBTS 8,131. 0. -8,131. RENT 749,810. 815,645. 65,835. TAXES AND LICENSES 769,540. 772,275. 2,735. INTEREST 0. 72. 72. DEPRECIATION 120,998. 44,543. -76,455. RETIREMENT PLANS 106,026. 111,980. 5,954. EMPLOYEE BENEFIT PROGRAMS 338,804. 379,739. 40,935. OTHER DEDUCTIONS 3,858,292. 3,561,967. -296,325. TOTAL DEDUCTIONS 17,657,952. 18,284,238. 626,286. ORDINARY INCOME (LOSS) 2,415,902. 2,500,442. 84,540. SCHEDULE K: INCOME (LOSS): ORDINARY TRADE/BUSINESS INCOME/LOSS 2,415,902. 2,500,442. 84,540. INTEREST INCOME 17,910. 15,968. -1,942. DEDUCTIONS: CHARITABLE CONTRIBUTIONS 103,335. 12,512. -90,823. SECTION 179 EXPENSE DEDUCTION 191,194. 64,523. -126,671. INVESTMENT INTEREST: 61181! O4 01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806118  Two-Year Comparison - Partnership 2016 Name of partnership Employer idenbfication number NEXT MANAGEMENT LLC 13-3495607 Increase Description Prior Year Current Year (Decrease) INVESTMENT INCOME 17,910. 15,9.8. -1,942. JUSTMENTS AND TAX PREFERENCES: "EPRECIATION ADJUSTMENT 102. 161. 59. THER ADJUSTMENTS/TAX PREFERENCES -1,078. 0. 1,078. THER: ONDEDUCTIBLE EXPENSES 118,554. 127,818. 9,264. ISTRIBUTIONS OF MONEY 3,000,000. 2,250,000. -750,000. SCHEDULE M-1: ET INCOME (LOSS) PER BOOKS 2,319,987. 2,748,386. 428,399. "EPRECIATION ON BOOKS NOT ON SCH K 0. 55,231. 55,231. RAVEL AND ENTERTAINMENT 90,792. 76,747. -14,045. THER BOOK EXPENSES NOT ON SCH K 143,715. 148,663. 4,948. OTAL- NET BOOK INC THROUGH EXPENSE 2,554,494. 3,029,027. 474,533. THER BOOK INCOME NOT ON SCH K 82,521. 60,281. -22,240. "EPRECIATION ON SCH K NOT ON BOOKS 152,866. 0. -152,866. THER SCH K DED NOT ON BOOKS 179,824. 529,371. 349,547. OTAL- BOOK INC THROUGH SCH K DED 415,211. 589,652. 174,441. INCOME (LOSS) 2,139,283. 2,439,375. 300,092. SCHEDULE M-2: APITAL AT BEGINNING OF YEAR 1,851,584. 1,171,571. -680,013. ET INCOME (LOSS) PER BOOKS 2,319,987. 2,748,386. 428,399. OTAL- BEGINNING CAP THROUGH INCR 4,171,571. 3,919,957. -251,614. ASH DISTRIBUTIONS 3,000,000. 2,250,000. -750,000. OTAL- CASH CONT THROUGH OTHER DECR 3,000,000. 2,250,000. -750,000. APITAL BALANCE AT END OF YEAR 1,171,571. 1,669,957. 498,386. 61181! O4 01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806119  Expanded Capital Account Summary Name NEXT MANAGEMENT LLC M.Number 13-3495607 CLAXON INC Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 1 NEW YORK, NY 10013 13-3508513 Beginning Capital Schedule M-2, Ending Withdrawals Capital Contributed Lines 3,487 Capital 492,058. 1,154,322. 945,000. 701,380. PARTNERSHIP HOLDING CORP. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 2 NEW YORK, NY 10013 13-3501977 Beginning Capital Schedule M-2, Ending Withdrawals Capital Contributed Lines 3,487 Capital 363,187. 852,000. 697,500. 517,687. THE WILCOR GROUP INC. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 3 NEW YORK, NY 10013 13-3682060 Beginning Capital Schedule M-2, Ending Withdrawals Capital Contributed Lines 3,487 Capital 316,326. 742,064. 607,500. 450,890. Partner Partner's Identification Number Number Beginning Capital Schedule M-2, Ending Withdrawals Capital Contributed Lines 3, 4 & 7 Capital Total For All Partner's Capital Accounts Beginning Capital Schedule M-2, Ending Withdrawals Capital Contributed Lines 3,487 Capital 1,171,571. 0. 2,748,386. 2,250,000. 1,669,957. 611911 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806120  Property Apportionment Detail Worksheet 2016 CALIFORNIA NEXT MANAGEMENT LLC 13-3495607 V ain Everywhere Beginning of Year End of Year Beginning of Year End of Year Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment 274,770. 279,697. 1,713,186. 1,718,113. Machinery and equipment - accumulated depreciation Furniture and fixtures 50,344. 50,344. 662,281. 662,281. Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets 0. 0. 155,603. 155,603. Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements 89,113. 136,109. 1,686,953. 1,746,549. Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals -----414,227. 466,150. 4,218,023. 4,282,546. Average property 440,189. 4,250,285. Real property rented - rental expense (multiplied by applicable factor) 1,230,552. 7,286,288. Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property 1,670,741. 11,536,573. . • Not Applicable 612261 010146 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806121  Property Apportionment Detail Worksheet 2016 FLORIDA NEXT MANAGEMENT LLC 13-3495607 V ain Everywhere Beginning of Year End of Year Beginning of Year End of Year Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment 327,985. 327,985. 1,713,186. 1,718,113. Machinery and equipment - accumulated depreciation Furniture and fixtures 77,707. 77,707. 662,281. 662,281. Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets 0. 0. 155,603. 155,603. Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements 68,725. 68,725. 1,686,953. 1,746,549. Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals -----474,417. 474,417. 4,218,023. 4,282,546. Average property 474,417. 4,250,285. Real property rented - rental expense (multiplied by applicable factor) 931,768. 7,286,288. Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property 1,406,185. 11,536,573. . • Not Applicable 612261 010146 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806122  Property Apportionment Detail Worksheet 2016 NEW YORK NEXT MANAGEMENT LLC 13-3495607 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment 1,110,431. 1,110,431. 1,713,186. 1,718,113. Machinery and equipment - accumulated depreciation 1,094,855. 1,094,855. 1,666,903. 1,669,860. Furniture and fixtures 534,230. 534,230. 662,281. 662,281. Furniture and fixtures - accumulated depreciation 453,344. 453,344. 572,033. 572,033. Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets 155,603. 155,603. 155,603. 155,603. Other depreciable assets - accumulated depreciation 47,545. 74,532. 47,545. 74,532. Depletable assets Depletable assets - accumulated depletion Leasehold improvements 1,529,115. 1,541,715. 1,686,953. 1,746,549. Leasehold improvements - accumulated amortization 1,128,701. 1,147,980. 1,204,997. 1,250,405. Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals ----704,934. 571,268. 726,545. 715,716. Average property 588,101. 721,131. Real property rented - rental expense (multiplied by applicable factor) 5,123,968. 7,286,288. Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property 5,712,069. 8,007,419. • Not Applicable 612261 010146 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806123  Property Apportionment Detail Worksheet 2016 NEW YORK CITY NEXT MANAGEMENT LLC 13-3495607 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment 1,110,431. 1,110,431. 1,713,186. 1,718,113. Machinery and equipment - accumulated depreciation 1,094,855. 1,094,855. 1,666,903. 1,669,860. Furniture and fixtures 534,230. 534,230. 662,281. 662,281. Furniture and fixtures - accumulated depreciation 453,344. 453,344. 572,033. 572,033. Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets 155,603. 155,603. 155,603. 155,603. Other depreciable assets - accumulated depreciation 47,545. 74,532. 47,545. 74,532. Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals -----104,520. 177,533. 244,589. 219,572. Average property 191,027. 232,081. Real property rented - rental expense (multiplied by applicable factor) 5,123,968. 7,286,288. Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property 5,314,995. 7,518,369. . • Not Applicable 612261 010146 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806124  Property Apportionment Detail Worksheet 2016 NEW YORK MCTD NEXT MANAGEMENT LLC 13-3495607 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment 1,110,431. 1,110,431. 1,713,186. 1,718,113. Machinery and equipment - accumulated depreciation 1,094,855. 1,094,855. 1,666,903. 1,669,860. Furniture and fixtures 534,230. 534,230. 662,281. 662,281. Furniture and fixtures - accumulated depreciation 453,344. 453,344. 572,033. 572,033. Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets 155,603. 155,603. 155,603. 155,603. Other depreciable assets - accumulated depreciation 47,545. 74,532. 47,545. 74,532. Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals -----104,520. 177,533. 244,589. 219,572. Average property 191,027. 232,081. Real property rented - rental expense (multiplied by applicable factor) 5,123,968. 7,286,288. Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property 5,314,995. 7,518,369. . • Not Applicable 612261 010146 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806125  Payroll and Sales Apportionment Detail Worksheet 2016 CALIFORNIA NEXT MANAGEMENT LLC 13-3495607 Payroll Apportionment Within Everywhere Cost of goods sold Cost of operations Compensation of officers 0. 290,092. Salesmen's salaries Salesmen's commissions General and administrative wages and salaries 2,247,039. 11,944,848. Repairs Others Miscellaneous other Total payroll 2,247,039. 12,234,940. Sales Apportionment Within Everywhere Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest 0. 15,968. Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income 5,191,437. 21,727,304. Other receipts Miscellaneous other Total sales 5,191,437. 21,743,272. • Not Applicable 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806126  Payroll and Sales Apportionment Detail Worksheet 2016 FLORIDA NEXT MANAGEMENT LLC 13-3495607 Payroll Apportionment Within Everywhere Cost of goods sold Cost of operations Compensation of officers 0. 290,092. Salesmen's salaries Salesmen's commissions General and administrative wages and salaries 976,440. 11,944,848. Repairs Others Miscellaneous other Total payroll 976,440. 12,234,940. Sales Apportionment Within Everywhere Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest 0. 15,968. Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income 1,891,925. 21,727,304. Other receipts Miscellaneous other Total sales 1,891,925. 21,743,272. • Not Applicable 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806127  Payroll and Sales Apportionment Detail Worksheet 2016 NEW YORK NEXT MANAGEMENT LLC 13-3495607 Payroll Apportionment Within Everywhere Cost of goods sold Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries 8,721,369. 11,944,848. Repairs Others Miscellaneous other Total payroll 8,721,369. 11,944,848. Sales Apportionment Within Everywhere Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income 14,643,942. 21,727,304. Other receipts Miscellaneous other Total sales 14,643,942. 21,727,304. • Not Applicable 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806128  Payroll and Sales Apportionment Detail Worksheet 2016 NEW YORK CITY NEXT MANAGEMENT LLC 13-3495607 Payroll Apportionment Within Everywhere Cost of goods sold Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries 8,721,369. 11,944,848. Repairs Others Miscellaneous other Total payroll 8,721,369. 11,944,848. Sales Apportionment Within Everywhere Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income 14,643,942. 21,727,304. Other receipts Miscellaneous other Total sales 14,643,942. 21,727,304. • Not Applicable 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806129  Payroll and Sales Apportionment Detail Worksheet 2016 NEW YORK MCTD NEXT MANAGEMENT LLC 13-3495607 Payroll Apportionment Within Everywhere Cost of goods sold Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries 8,721,369. 11,944,848. Repairs Others Miscellaneous other Total payroll 8,721,369. 11,944,848. Sales Apportionment Within Everywhere Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income 14,643,942. 21,727,304. Other receipts Miscellaneous other Total sales 14,643,942. 21,727,304. • Not Applicable 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806130  Apportionment Summary Worksheet 2016 PROPERTY FACTOR NEXT MANAGEMENT LLC 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida 1,570,178. 12,400,790. .126619 .126619 Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York 5,712,068. 8,007,418. .713347 .713347 North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wsconsin Wyoming Foreign Other Total N/A N/A N/A .839966 HMS 041-0 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806131  Apportionment Summary Worksheet (Continued) 2016 PROPERTY FACTOR NEXT MANAGEMENT LLC 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City .713300 .713300 ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806132  Apportionment Summary Worksheet 2016 PAYROLL FACTOR NEXT MANAGEMENT LLC 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida 976,440. 12,234,940. .079808 .079808 Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York 9,011,461. 12,234,940. .736535 .736535 North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wsconsin Wyoming Foreign Other Total N/A N/A N/A .816343 HMS 041-0 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806133  Apportionment Summary Worksheet (Continued) 2016 PAYROLL FACTOR NEXT MANAGEMENT LLC 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City 9,011,461. 12,234,940. .736500 .736500 ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806134  Apportionment Summary Worksheet 2016 SALES FACTOR NEXT MANAGEMENT LLC 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED Alabama Alaska Arizona Arkansas California 5,191,437. 21,743,272. .238761 .238761 Colorado Connecticut Delaware District of Columbia Florida 1,891,925. 21,743,272. .087012 .087012 Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York 14,659,910. 21,743,272. .674227 .674227 North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Waconsin Wyoming Foreign Other Total N/A N/A N/A 1.000000 HMS 041-0 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806135  Apportionment Summary Worksheet (Continued) 2016 SALES FACTOR NEXT MANAGEMENT LLC 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City 14,659,692. 21,743,272. .674200 .674200 ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806136  Apportionment Summary Worksheet 2016 SUMMARY NEXT MANAGEMENT LLC 13-3495607 SUMMARY OF FACTORS PROPERTY PAYROLL SALES APPORTIONMENT Alabama Alaska Arizona Arkansas Calitomia .238761 .238761 Colorado Connecticut Delaware District of Columbia Florida .126619 .079808 .087012 .097813 Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New J