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BOOK b f'�jGE 4?
<br />RURAL SANITATION SERVICE, INC.
<br />Statement of Income and Expenses -
<br />And Residential Pro -ration
<br />For the five and one half months ending September 15, 1986
<br />TOTAL INDIAN INDIAN
<br />APRIL 1,1986- RIVER RIVER
<br />SEPT 15, 1986 COUNTY COUNTY
<br />5.5 MONTHS PER MONTH
<br />REVENUES
<br />INCOME
<br />$572,804
<br />INTEREST INCOME
<br />2,596
<br />-------------
<br />TOTAL INCOME
<br />575,400
<br />EXPENSES
<br />ADVERTISING
<br />289
<br />BAD DEBTS
<br />3,528
<br />CASUAL LABOR
<br />375
<br />DEPRECIATION
<br />9,634
<br />DUMP FEES
<br />136,887
<br />EQUIPMENT'REPAIR
<br />119,799
<br />FRANCHISE FEES
<br />10,450
<br />GAS a OIL
<br />38,557
<br />INSURANCE
<br />46,184
<br />LEGAL a ACCOUNTING
<br />6,375
<br />OFFICE EXPENSE
<br />6,251
<br />OUTSIDE SERVICES
<br />11,447
<br />RADIO EXPENSE
<br />1,405
<br />RENTS
<br />5,400
<br />.REPAIRS
<br />6,777
<br />SALARIES a WAGES
<br />189,354
<br />SUPPLIES
<br />7,452
<br />TAXES
<br />16, 016
<br />UTILITIES a TELEPHONE
<br />6,109
<br />-------------
<br />TOTAL EXPENSE 622,289
<br />-------------
<br />NET PROFIT/(LOSS) (#46,889)
<br />CAPITAL GAIN
<br />REVALUATION OF ASSETS
<br />TAXABLE INCOME
<br />(9/15/86 FED 1120)
<br />$206, 519
<br />$159,630
<br />$160,765
<br />N/A
<br />-----------
<br />160,765
<br />61
<br />986
<br />375
<br />3, 854
<br />47,910
<br />59,900
<br />11608
<br />19,279
<br />18,474
<br />2,550
<br />2.580
<br />4,579
<br />562
<br />2,160-
<br />2,711
<br />42,480,
<br />3.726
<br />6,406
<br />2,444
<br />222,583
<br />061,818)
<br />PRESENT RESIDENTIAL RATE
<br />BREAK EVEN ($11,240 /3700 CUSTOMERS)
<br />10% PROFIT
<br />NEW RATE
<br />$29,230
<br />N/A
<br />-----------
<br />29,230
<br />15
<br />179
<br />68
<br />701
<br />8, 71 1
<br />10,891
<br />292
<br />3,505
<br />31359
<br />464
<br />455
<br />833
<br />102
<br />3.93
<br />493
<br />7,724
<br />677
<br />1,165
<br />444
<br />40, 470
<br />011, 240)
<br />$7.90
<br />3.04
<br />1.09
<br />x612.03
<br />SALARIES a WAGES - Salaries 8 wages were calculated using the
<br />salaries of 3 drivers, 4 helpers, 1 office employee and
<br />1/2 the manager's salary. This was allocated at 75% of
<br />the total. (4.5 days of the.6 day work week).
<br />Mr. Wright also reviewed the following Comparison Using
<br />Proposed Mandatory System for the year ending 9/15/86:
<br />24
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