Club Oak Borough Inc

“Rental income 3,335 total 3,335”

“Expenses repairs & maintenance - club 2,164 supplies & maintenance - pool 2,371 printing & signage 147 payroll processing service ex 775 clubhouse supplies 198 commercial general liability 4,707 workers compensation insuranc 668 insurance expense 70 miscellaneous expense 1,324 newletter expense 563 pool chemical supplies an 4,033 pool opening and closing 2,486 pool legal permit and fee 900 pool gnrl op supplies & s 208 tennis court repairs & ma 14 bank service fee 2 transactional fees 122 pool operational services 2,330 non-investment depreciation 2,792 total 25,874”

“Book / tax depreciation difference -498”

“Accounts receivable -135 0 prepaid expenses and deferred charges 300 0 155,292 156,517 less accumulated depreciation 148,341 151,631 total 7,116 4,886”

“Accounts payable and accrued expenses 2,313 63 deferred revenue 140 250 federal taxes (941/943/944) 0 195 federal unemployment (940) 0 76 in income / local taxes 0 38”

“To provide for the operation and maintenance of the swimming pool and tennis courts constructed for the use and enjoyment of all of the owners of the oak borough and shores of oak borough homeowners associations.”