Mountain View Ice Arena Inc.

“Vending machine cost of goods sold 482 expenses office supplies 1,130 loan interest 11,445 insurance 5,678 repairs and maintenance 7,760 small equipment 437 fuel 1,554 janitorial supplies 837 license and dues 251 meals for meetings 244 non-investment depreciation 12,548 total 42,366”

“Accounts payable and accrued expenses 246 268 lt loan fnb 206,271 188,564”

“Changes in the fund balance resulted in changes to the depreciation lapse”

“To provide and maintain a facility for youth and adult hockey organizations, youth and adult figure skating organizations, hockey tournaments and community free skating for all area residents.”

“We manage the ice arena facility for all the local hockey associations including the high school teams in addition to our figure skating clubs, and free skate time for our community residents. We organize the ice time and rental fees, manage the quality of the ice for all the skate times and tournaments, manage all the utilities and maintenance and repairs on the building. We also rent our facility for various community events.”

“Depreciation provides a means to assess the life remaining on the equipment and buildings listed as assets.”