Civic Intelligence

Tennessee Wine & Spirits Retailers Association

990EZ • Fiscal year 2016 • EIN 62-1582649

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

Organization Profilewww.twsra.com
211 Seventh Avenue North 401Nashville, TN 37219

(615) 726-3275

Siviq Scores

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

Liabilities / Assets

57th percentile

0.02x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

65th percentile

8.2%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

100th percentile

913%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

76%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$14,734

Up $13,279 (+913%) from 2015

Net Assets

Up

$14,484

Up $13,279 (+1102%) from 2015

Liabilities

Flat

$250

Flat from 2015

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin65th percentile

Revenue

Up

$162,792

Up $70,557 (+76%) from 2015

Expenses

Up

$149,513

Up $48,140 (+47%) from 2015

Net Income

Up

$13,279

Up $22,417 (+245%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30K$20K$10K$0Assets 2010: $1,853Net Assets 2010: $1,8532010Assets 2011: $3,636Net Assets 2011: $3,6362011Assets 2012: $12,200Net Assets 2012: $12,2002012Assets 2013: $23,963Liabilities 2013: $4,250Net Assets 2013: $19,7132013Assets 2014: $10,343Net Assets 2014: $10,3432014Assets 2015: $1,455Liabilities 2015: $250Net Assets 2015: $1,2052015Assets 2016: $14,734Liabilities 2016: $250Net Assets 2016: $14,4842016Assets 2017: $12,503Net Assets 2017: $12,5032017Assets 2018: $5,446Liabilities 2018: $0Net Assets 2018: $5,4462018Assets 2019: $1,559Liabilities 2019: $0Net Assets 2019: $1,5592019Assets 2020: $5,596Liabilities 2020: $0Net Assets 2020: $5,5962020Assets 2021: $3,717Liabilities 2021: $0Net Assets 2021: $3,7172021Assets 2022: $9,857Liabilities 2022: $350Net Assets 2022: $9,5072022Assets 2023: $9,839Liabilities 2023: $0Net Assets 2023: $9,8392023Assets 2024: $19,218Liabilities 2024: $0Net Assets 2024: $19,2182024

Highlighted filing

2016

Assets$14,734
Liabilities$250
Net Assets$14,484
Open 2016 Filing

Operations Trend

Revenue Growth95th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $62,000Expenses 2010: $78,186Net Income 2010: -$16,1862010Revenue 2011: $94,415Expenses 2011: $92,632Net Income 2011: $1,7832011Revenue 2012: $100,450Expenses 2012: $91,886Net Income 2012: $8,5642012Revenue 2013: $104,665Expenses 2013: $97,152Net Income 2013: $7,5132013Revenue 2014: $89,250Expenses 2014: $98,620Net Income 2014: -$9,3702014Revenue 2015: $92,235Expenses 2015: $101,373Net Income 2015: -$9,1382015Revenue 2016: $162,792Expenses 2016: $149,513Net Income 2016: $13,2792016Revenue 2017: $107,340Expenses 2017: $109,321Net Income 2017: -$1,9812017Revenue 2018: $120,450Expenses 2018: $127,507Net Income 2018: -$7,0572018Revenue 2019: $133,727Expenses 2019: $137,614Net Income 2019: -$3,8872019Revenue 2020: $128,675Expenses 2020: $124,638Net Income 2020: $4,0372020Revenue 2021: $213,224Expenses 2021: $215,103Net Income 2021: -$1,8792021Revenue 2022: $145,694Expenses 2022: $139,904Net Income 2022: $5,7902022Revenue 2023: $134,619Expenses 2023: $134,287Net Income 2023: $3322023Revenue 2024: $199,157Expenses 2024: $189,778Net Income 2024: $9,3792024

Highlighted filing

2016

Revenue$162,792
Expenses$149,513
Net Income$13,279
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$162,792
Mission and Program Overview

Mission

The Association's primary exempt purpose is to provide assistance to Tennessee beverage retailers.

The Association's primary exempt purpose is to provide assistance to Tennessee's beverage retailers.

Program Services

DescriptionGrantsExpenses
The Association assists the industry by serving as a clearinghouse for information pertaining to legislation and regulations that affect the retail beverage industry. The Association gathers information about industry trends, provides public relations advice to members, publishes a newsletter and provides a forum for business owners to exchange ideas by conducting training sessions.$37,833-
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thad Cox JrPresident-$0--
Joe AndersonTreasurer-$0--
David PurvisCommittee Chair-$0--
Joyce McDanielExecutive Director-$0--
Kelly Sherrod BajkoDirector-$0--
Jimmy ColeDirector-$0--
Josh HammondDirector-$0--
Joe HobbsDirector-$0--
Michael NobelDirector-$0--
Bill NunnellyDirector-$0--
Charlie PatelDirector-$0--
Phil ScharfsteinDirector-$0--
Bill SinksDirector-$0--
Charles SonnenbergDirector-$0--
Frances Anne VaralloDirector-$0--
Carmen WyattDirector-$0--
Filing and Contact Details

Filer

Filer Name
Tennessee Wine & Spirits
EIN
62-1582649
Phone
6157263275
Address
211 Seventh Avenue North 401, Nashville, TN 37219

Signing Officer

Name
Joyce McDaniel
Title
Executive Director
Signed
2017-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Gracia E Bobbitt PC
Address
300 N Forest Park Blvd 102, Knoxville, TN 37919-5263
Preparer
Gracia E Bobbitt
Phone
8655849543
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $2706”

Other Expenses.1003

“Information Technology $1522”

Other Expenses.1005

“Travel $703”

Other Expenses.1

“Training Expenses $37833”

Other Expenses.2

“Meals & Entertainment $12574”

Other Expenses.3

“State Registration Fees $750”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $250 Accounts Payable and Accrued Expenses - Ending $250”

Raw XML Appendix165 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/BooksInCareOfDetail/PersonNm0McMahan Winstead
IRS990EZ/BooksInCareOfDetail/PhoneNum06157263275
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0211 7th Avenue North 401
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Nashville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037219
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01455
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014734
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013279
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt093425
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01455
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014734
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0162792
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0102532
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01205
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014484
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01205
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014484
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thad Cox Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Joe Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2David Purvis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Joyce McDaniel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Kelly Sherrod Bajko
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jimmy Cole
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Josh Hammond
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Joe Hobbs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Michael Nobel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Bill Nunnelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Charlie Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Phil Scharfstein
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12Bill Sinks
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Charles Sonnenberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14Frances Anne Varallo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm15Carmen Wyatt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Committee Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt056088
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Association's primary exempt purpose is to provide assistance to Tennessee's beverage retailers.
IRS990EZ/ProgramServiceRevenueAmt060260
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Association assists the industry by serving as a clearinghouse for information pertaining to legislation and regulations that affect the retail beverage industry. The Association gathers information about industry trends, provides public relations advice to members, publishes a newsletter and provides a forum for business owners to exchange ideas by conducting training sessions.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt037833
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0250
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0250
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0149513
IRS990EZ/TotalProgramServiceExpensesAmt037833
IRS990EZ/TotalRevenueAmt0162792
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0www.twsra.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2706
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $1522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Training Expenses $37833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meals & Entertainment $12574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5State Registration Fees $750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Payable and Accrued Expenses - Beginning $250 Accounts Payable and Accrued Expenses - Ending $250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joyce McDaniel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Tennessee Wine & Spirits
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Retailers Association
ReturnHeader/Filer/BusinessNameControlTxt0TENN
ReturnHeader/Filer/EIN0621582649
ReturnHeader/Filer/PhoneNum06157263275
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 Seventh Avenue North 401
ReturnHeader/Filer/USAddress/CityNm0Nashville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037219
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gracia E Bobbitt PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 N Forest Park Blvd 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Knoxville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0379195263
ReturnHeader/PreparerPersonGrp/PhoneNum08655849543
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gracia E Bobbitt
ReturnHeader/ReturnTs02017-11-09T09:29:18-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,734
Liabilities
$250
Net assets
$14,484
Revenue
$162,792
Expenses
$149,513
Net income
$13,279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$1.99$1.90$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.35$1.34$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.46$1.40$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$2.13$2.15$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.29$1.25$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.34$1.38$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.20$1.28$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.13$1.07$1.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.14$1.63$1.50$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.92$1.01$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.89$0.99$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.04$0.20$1.05$0.97$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.12$1.00$0.92$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.94$0.93$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.62$0.78$0.16