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SUNSHINE LAND DESIGN, INC. <br />NOTES TO FINANCIAL STAIEMENTS <br />DECEMBER 31, 2014 and 2013 As Restated <br />(Read Accountant's Independent Review Report) <br />NOTE 3 CONTINUED <br />The balance of the current maturity of debt of consists of equipment notes. Long tern debt <br />on equipment matures as follows: <br />2015 479,966 <br />2016 360,311 <br />2017 250,047 <br />2018 185,076 <br />2019 95,709 <br />NOTE 4 COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS <br />12/31/13 12/31/14 <br />Cost incurred on Uncompleted Contracts $ 2,518,510 $ 145,466 <br />Estimated Earned Profit 676.140 79.179 <br />3,194,650 224,645 <br />Less Billings to Date 3.188.368 257.298 <br />$ 6,282 $ 32,653 <br />Included in the Accompanying Balance Sheet <br />Under the Following Captions: <br />Cost and Estimate Earnings in Excess of <br />Billings on Uncompleted Contracts $ 109,011 $ 0 <br />Billings in Excess of Cost <br />on Uncompleted Contracts <br />102.729 <br />$ 6,282 <br />32.653 <br />$ 32,653 <br />NOTE 5 RELATED PARTY TRANSACTIONS <br />The company leases the facility from shareholders of the corporation. The Facility rent was <br />$ 87,510 for 2014 and $87,510 for 2013. <br />8 <br />