Civic Intelligence

Living Proof Inc

990EZ • Fiscal year 2014 • EIN 20-2964308

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 11, 2014

Organization ProfileN/A
1770 Breezie Point LaneDandridge, TN 37725

(865) 207-7320

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

99th percentile

1434%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

38th percentile

-5.9%

Faster revenue growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$58,571

Up $54,754 (+1434%) from 2013

Net Assets

Up

$55,245

Up $51,428 (+1347%) from 2013

Liabilities

Up

$3,326

Up $3,326 from 2013

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin83rd percentile

Revenue

Down

$187,239

Down $11,651 (-5.9%) from 2013

Expenses

Down

$135,811

Down $32,568 (-19%) from 2013

Net Income

Up

$51,428

Up $20,917 (+69%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100K-$200KAssets 2010: $117,959Liabilities 2010: $252,744Net Assets 2010: -$134,7852010Assets 2011: $90,120Liabilities 2011: $38,578Net Assets 2011: $51,5422011Assets 2013: $3,817Liabilities 2013: $0Net Assets 2013: $3,8172013Assets 2014: $58,571Liabilities 2014: $3,326Net Assets 2014: $55,2452014Assets 2015: $25,676Liabilities 2015: $1,785Net Assets 2015: $23,8912015Assets 2016: $9,844Liabilities 2016: $527Net Assets 2016: $9,3172016

Highlighted filing

2014

Assets$58,571
Liabilities$3,326
Net Assets$55,245
Open 2014 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $642,191Expenses 2010: $804,818Net Income 2010: -$162,6272010Revenue 2011: $740,252Expenses 2011: $553,925Net Income 2011: $186,3272011Revenue 2013: $198,890Expenses 2013: $168,379Net Income 2013: $30,5112013Revenue 2014: $187,239Expenses 2014: $135,811Net Income 2014: $51,4282014Revenue 2015: $16,938Expenses 2015: $48,292Net Income 2015: -$31,3542015Revenue 2016: $12,832Expenses 2016: $27,406Net Income 2016: -$14,5742016

Highlighted filing

2014

Revenue$187,239
Expenses$135,811
Net Income$51,428
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 11, 2014
Return Version
2014v5.0
Gross Receipts
$187,239
Mission and Program Overview

Mission

This corporation is established and is to be operated for the purpose of presenting the gospel of jesus christ through the spoken word and music. And for the purpose of encouraging local christian church congregations to faithfully serve the lord as well as sharing the love of christ for the people of the united states of america and around the globe.

Program Services

DescriptionGrantsExpenses
PRESENTING THE GOSPEL OF JESUS CHRIST THROUGH THE SPOKEN WORD AND MUSIC AND ENCOURAGING LOCAL CHRISTIAN CHURCH CONGREGATIONS TO FAITHFULLY SERVE THE LORD AS WELL AS SHARING THE LOVE OF CHRIST FOR THE PEOPLE OF THE UNITED STATES OF AMERICA AND AROUND THE GLOBE.$108,649-
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR WILLIAM R REBOLDPresidentPT$0--
LON SLECHTADirector-$0--
ROBYN N REBOLD-SMITHTreasurer-$0--
DR WAYNE MAYSecretary-$0--
GERRI HILLMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Living Proof Inc
EIN
20-2964308
Phone
8652077320
Address
1770 BREEZIE POINT LANE, DANDRIDGE, TN 37725

Signing Officer

Name
Dr William R Rebold
Title
President
Signed
2014-04-11
Discuss with paid preparer
Yes

Preparer

Firm
Cashuk Wiseman Goldberg Birnbaum & Salem LLP
Address
3333 Camino Del Rio South Suite 230, San Diego, CA 92108
Preparer
Wisam L Salem CPA
Phone
6195630145
Supplemental Narrative

Additional Explanations

Other Expenses.1005

“Travel $2438”

Other Expenses.1009

“Depreciation $1342”

Other Expenses.1012

“Insurance $12256”

Other Expenses.1

“Expense reimbursements $34712”

Other Expenses.2

“Auto and transportation $14943”

Other Expenses.3

“DONATION $6000”

Other Expenses.4

“Travel team expenses $4735”

Other Expenses.5

“OFFICE TEAM MEALS $3953”

Other Expenses.6

“GIFTS $2889”

Other Expenses.7

“PRODUCTION EXPENSE $1243”

Other Expenses.8

“TELEPHONE $1234”

Other Expenses.9

“Dues & subscriptions $962”

Other Expenses.10

“CASH OVER/UNDER $675”

Other Expenses.11

“UTILITIES $647”

Other Expenses.12

“Licenses and permits $624”

Other Expenses.13

“SUPPLIES $316”

Other Expenses.15

“MISCELLANEOUS $68”

Other Expenses.16

“CONSULTING $27”

Other Expenses.17

“Payroll processing fee $8”

Other Assets.1004

“Miscellaneous - Beginning $396 Miscellaneous - Ending $4516”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1255”

Total Liabilities.1

“PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $2071”

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0WISAM L SALEM
IRS990EZ/BooksInCareOfDetail/PhoneNum06195630145
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03333 CAMINO DEL RIO S 230
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN DIEGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092108
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03421
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt054055
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt051428
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03817
IRS990EZ/Form990TotalAssetsGrp/EOYAmt058571
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0187239
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03817
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055245
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03817
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt055245
IRS990EZ/OccupancyRentUtltsAndMaintAmt0500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR WILLIAM R REBOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LON SLECHTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBYN N REBOLD-SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DR WAYNE MAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GERRI HILLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0396
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04516
IRS990EZ/OtherExpensesTotalAmt089072
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THIS CORPORATION IS ESTABLISHED AND IS TO BE OPERATED FOR THE PURPOSE OF PRESENTING THE GOSPEL OF JESUS CHRIST THROUGH THE SPOKEN WORD AND MUSIC. AND FOR THE PURPOSE OF ENCOURAGING LOCAL CHRISTIAN CHURCH CONGREGATIONS TO FAITHFULLY SERVE THE LORD AS WELL AS SHARING THE LOVE OF CHRIST FOR THE PEOPLE OF THE UNITED STATES OF AMERICA AND AROUND THE GLOBE.
IRS990EZ/PrintingPublicationsPostageAmt072
IRS990EZ/ProgramServiceRevenueAmt0187239
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRESENTING THE GOSPEL OF JESUS CHRIST THROUGH THE SPOKEN WORD AND MUSIC AND ENCOURAGING LOCAL CHRISTIAN CHURCH CONGREGATIONS TO FAITHFULLY SERVE THE LORD AS WELL AS SHARING THE LOVE OF CHRIST FOR THE PEOPLE OF THE UNITED STATES OF AMERICA AND AROUND THE GLOBE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0108649
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt045517
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03326
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0135811
IRS990EZ/TotalProgramServiceExpensesAmt0108649
IRS990EZ/TotalRevenueAmt0187239
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $2438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $1342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $12256
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPENSE REIMBURSEMENTS $34712
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUTO AND TRANSPORTATION $14943
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DONATION $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAVEL TEAM EXPENSES $4735
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE TEAM MEALS $3953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GIFTS $2889
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PRODUCTION EXPENSE $1243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TELEPHONE $1234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DUES & SUBSCRIPTIONS $962
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12CASH OVER/UNDER $675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13UTILITIES $647
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14LICENSES AND PERMITS $624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SUPPLIES $316
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MISCELLANEOUS $68
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17CONSULTING $27
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18PAYROLL PROCESSING FEE $8
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Miscellaneous - Beginning $396 Miscellaneous - Ending $4516
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $2071
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Expenses.17
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Total Liabilities.1
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR WILLIAM R REBOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVING PROOF INC
ReturnHeader/Filer/BusinessNameControlTxt0LIVI
ReturnHeader/Filer/EIN0202964308
ReturnHeader/Filer/PhoneNum08652077320
ReturnHeader/Filer/USAddress/AddressLine1Txt01770 BREEZIE POINT LANE
ReturnHeader/Filer/USAddress/CityNm0DANDRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037725
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cashuk Wiseman Goldberg Birnbaum & Salem LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 Camino Del Rio South Suite 230
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Diego
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092108
ReturnHeader/PreparerPersonGrp/PhoneNum06195630145
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WISAM L SALEM CPA
ReturnHeader/ReturnTs02015-04-11T16:06:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,571
Liabilities
$3,326
Net assets
$55,245
Revenue
$187,239
Expenses
$135,811
Net income
$51,428
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.13$0.27$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$0.17$0.48$0.31
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.03$0.55$1.87$1.36$0.51
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$1.99$1.68$0.31
2011Summary only. Only limited summary data is available for this year.$0.90$0.39$0.52$7.40$5.54$1.86
2010Summary only. Only limited summary data is available for this year.$1.18$2.53$1.35$6.42$8.05$1.63