Mountain View Ice Arena Inc.

“Insurance reimbursement 6,540 amazon smile 48 total 6,588”

“Expenses advertising 894 office supplies 327 loan interest 5,013 insurance 7,430 repairs and maintenance 18,099 janitorial supplies 1,100 live game broadcasting 188 po box rental 114 defib battery 422 licenses 284 bank charges 31 non-investment depreciation 18,800 total 52,702”

“Prior years expense error 0”

“Equipment 180,177 185,086 less accumulated depreciation 97,026 105,043 office equipment 2,507 2,507 less accumulated depreciation 2,349 2,412 total 83,309 80,138”

“Accounts payable and accrued expenses 737 783 lt note payable 104,728 77,236”

“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.”