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DICKERSON FLORIDA, INC. <br />(A Wholly-owned Subsidiary of The Dickerson Group, Inc..) <br />STATEMENTS OF EARNINGS <br />YEARS ENDED DECEMBER 31, 2019 and 2018 <br />Construction Contracts (note 1): <br />Revenue <br />Cost <br />Gross profit from contracts <br />General and administrative expenses <br />Operating Income <br />Other income. (deductions); <br />Interest expense <br />Interest income <br />Gain (loss) on disposal of property and <br />equipment <br />Miscellaneous income (expense) <br />Loan fees <br />Sales tax expense <br />Total other income (deductions) <br />Net earnings <br />2019 2018 <br />$ 27,682,936 35,356,,629 <br />24,41.7,384 30,910,114, <br />3,265,552 4,446,515 <br />2,596,815 2,558,876 <br />668,737 1,887,639 <br />(73,147) (115,531) <br />10,045 <br />161 <br />516,569 <br />229,717 <br />5,292 <br />(3,178) <br />(3,854) <br />(10,557) <br />(59,912) <br />(60,000) <br />394,993 <br />40,612 <br />$ 1,053,730 1,928,250 <br />See accompanying notes to financial statements. <br />e <br />