Laserfiche WebLink
r <br />• <br />CRA CARE CENTERS, INC. <br />SUMMARY OF SIGNIFICANT FORECAST ASSUMPTIONS <br />AND ACCOUNTING POLICIES <br />FOR THE YEARS ENDING MARCH 31, 2001 -2005 <br />NOTE 5 - CONTINUED <br />Long -Term Debt <br />Long-term debt is forecasted by the following: <br />2001 2002 2003 2004 2405 <br />T8%.53,712,004 $4,263.705 54,246,244 $4,227,370 54.2+36,472 $4.184.923 <br />note payable hank <br />for building costs <br />due in monthly <br />Installments of <br />329.118 including <br />interest, maturing <br />in March 2040, <br />collateralized by <br />mortgage on land <br />and buiiding. <br />4%.$554.000 531,672 512.597 492.745 472.084 450.581 <br />note payable bank <br />for acquisition of <br />land and improvements <br />due in monthly <br />Installments of <br />$3.333 including <br />interest maturing <br />in March 2024, <br />4%,5140,000 122,315 103.908 84,753 64.816 44.067 <br />note payable bank <br />for acquisition of <br />furnishings and <br />equipment due in <br />monthly installments <br />Of 51.914 including <br />Interest maturing <br />In March 20017 <br />Less current <br />portion 9 943 5.7.881 0-029-7 14 3O c$ <br />Total ong•!r•rrn <br />dent S4 744 S44. S4_LjLq71, 54 70 57 $4 t 1 <br />